Following several high-profile designer departures, including Hedi Slimane at Saint Laurent and Raf Simons at Dior, Calvin Klein announced today that creative director Francisco Costa will be leaving the company. The brand also announced that men's creative director Italo Zucchelli will be exiting as well.
In a press release, the brand describes the move as "a new global creative strategy for the company, which will unify all brands under one creative vision." The release goes on to further explain the reasoning behind the decision: "As the company continues to build itself into a $10 billion global retail sales business, this undertaking will further solidify the brand’s positioning worldwide and pave the way for future long-term global growth."
The brand's CEO, Steve Shiffman, thanked the Francisco and Italo for their work in a statement. "They have both contributed immensely to making Calvin Klein a global leader in the fashion industry, and they have done so with dedication, focus and creativity,” he said.
No word yet on who will replace the designers, but stay tuned for updates—the release says that "an announcement will be made in due course."
Are you surprised by the news? Tell us in the comments below, and in the meantime, shop Calvin Klein by Francisco Costa.