Francisco Costa And Italo Zucchelli To Exit Calvin Klein

Fashion's never-ending game of designer musical chairs continues, this time with things shaking up at Calvin Klein. The company announced today that it will be unifying all Calvin Klein Inc. brands under one creative vision with women's creative director Francisco Costa and men's creative director Italo Zucchelli both exiting their roles at the company. The major shakeup stems from the company's new global strategy following its reacquisition of Calvin Klein Jeans and Underwear back in 2013.

In the statement released today, Steve Shiffman, CEO of Calvin Klein, Inc. said, "This creative strategy marks the beginning of another significant chapter in Calvin Klein's brand legacy since Mr. Klein's retirement. 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."

While it hasn't been formally announced who will take on the new role of creative director, it's rumored that Raf Simons, who made his exit from Dior back in October, is lined up for the position.

From: Harper's BAZAAR US