Breaking News: Francisco Costa & Italo Zucchelli Exiting Calvin Klein; Raf Simons To Take Reins?

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Calvin Klein Collection Fall 2016 Ready-To-Wear.

Another week, and these fashion houses and creative directors are still playing musical chairs.

In the latest news out of New York, Calvin Klein Collection‘s Francisco Costa (women’s creative director) and Italo Zucchelli (men’s creative director) are exiting the company as part of the new global creative strategy unifying all Calvin Klein brands under one creative vision. We first reported the story back in January here.

“This creative strategy marks the beginning of another significant chapter in Calvin Klein’s brand legacy since Mr. Klein’s retirement,” chief executive Steve Shiffman said in a statement. “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.”

According to a statement via Calvin Klein Inc., “A new brand direction will ultimately follow one creative vision across all categories of the business. An announcement will be made in due course.” Until then, the company’s in-house design teams will conceptualise, produce and present each line. There will be no runway show for Calvin Klein Collection in June (for men’s) or September (for women’s), although presentations will be held for press and sales. Until a new creative director is announced, the men’s and women’s design teams will will report to Michelle Kessler-Sanders, president of Calvin Klein Collection.

For months, it has been rumored that Raf Simons will take rein at the American house. Last January, donbleek.com reported that “Raf Simons has a tentative appointment at Calvin Klein,” (see it here). Simons has a non-compete with LVMH MoĂ«t Hennessy Louis Vuitton (owner of Dior) until the summer.

Last fall, Raf Simons departed from Dior, after 3 1/2 years. Simons was already a household name before taking a creative director role at Christian Dior. Last fall, he presented his eponymous Fall/Winter 2016 outing, entitled, ‘Nightmares and Dreams,’ at Paris Fashion Week (see it here).

In 2003, PVH, then known as Phillips-Van Heusen brought Calvin Klein for $400 million in cash, as well as $30 million in stock and up to $300 million in royalties, according to a 2002 report by The New York Times. In 2015, Calvin Klein generated $8.2 billion in global retail sales (before discounts and buy backs) up 228 percent from $2.5 billion in 2003.

The American clothing company (PVH) also owns brands such as Tommy Hilfiger, IZOD, Arrow, and licenses brands such as Geoffrey Beene, BCBG Max Azria, Chaps, Sean John, Kenneth Cole New York, JOE Joseph Abboud and MICHAEL Michael Kors.

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Calvin Klein Collection Fall 2016 Menswear.

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Calvin Klein Collection Fall 2016 Ready-To-Wear.

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Calvin Klein Collection Fall 2016 Menswear.

Photos Credit: Marcus Tondo/Indigital.tv and Kim Weston Arnold/Indigitalimages.com

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Donovan

Donovan is the CEO and Editor-In-Chief of www.dmfashionbook.com. For all general inquiries please email don@dmfashionbook.com Donovan has a BA in Journalism & Media Studies from the prestigious Rutgers University. He's currently studying entertainment and fashion law.