Talk about star power and potential from day one. System Magazine is set to make its debut in May and features the first in-depth interview with Nicolas Ghesquière since he made his surprising exit from Balenciaga last Fall. Ghesquière appears on the cover shot by Juergen Teller.

The magazine is the latest project from a collective of heavy-hitters within the fashion industry: Alexia Niedzielski and Elizabeth von Guttman of Industrie; Jonathan Wingfield, former editor of Numéro; Thomas Lenthal, art director of the art-and-erotica journal Paradis; and stylist, Marie-Amélie Sauvé. It will provide an in-depth look at the industry itself, focusing on exploring the milieu of fashion.

The bi-annual magazine will reportedly work with a $100,000 budget each issue and is set to make waves with its inaugural issue which will also feature profiles on Yves Carcelle, the business executive who supercharged the growth of Louis Vuitton, and Azzedine Alaïa, written by curator Hans-Ulrich Obrist, as well as photo portfolios by Patrick Demarchelier, Juergen Teller, Karim Sadli and Neville Wakefield.

Stay tuned for more.