Francisco Costa, who has served as the creative director of womenswear for Calvin Klein since 2003, is exiting the company. Menswear creative director Italo Zucchelli will also be leaving the company.
In a statement released today, Calvin Klein announced "a new a new global creative strategy for the company, which will unify all Calvin Klein brands under one creative vision."
"This creative strategy marks the beginning of another significant chapter in Calvin Klein's brand legacy since Mr. Klein's retirement," Calvin Klein CEO Steve Shiffman said. "I would like to thank Francisco and Italo for their unwavering commitment to the Calvin Klein brand and their accomplishments over the past decade. 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."
The company has yet to reveal a new creative director, only noting that "an announcement will be made in due course." The fashion rumor mill has, for the past few months, been buzzing about former Dior designer Raf Simons as a possible successor.
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http://www.elle.com/fashion/news/a35770/francisco-costa-out-at-calvin-klein/