The creative directors of DKNY, Maxwell Osborne and Dao-Yi Chow, are leaving the brand this year. Is Donna coming back?
DKNY and its parent company Donna Karan International, were sold to G-III Apparel Group for 650 million dollars last July, and since then, a set of strategic changes are on the run for a reformation of the brand, both stylistically and commercially.
“Given the company sale and subsequent change in strategies, we have decided to step down and focus on our own business Public School. It’s been an unbelievable experience to work side by side with the wonderful people at DKNY, especially our amazing design team and atelier. We wish the company success in the future.”– were the words chosen by the pair to communicate in an official statement their departure after a year on the label. Caroline Brown, current CEO of the company, is also leaving the brand.
There are general rumors stating that Donna Karan herself may return to the creative department of her namesake label, although Morris Goldfarb, chairman and CEO of G-III, has expressed doubts regarding the negotiations by stating to WWD that they “[…] don’t know what direction will take”.
Sources: http://wwd.com/fashion-news/sportswear/caroline-brown-dao-yi-chow-and-maxwell-osborne-to-exit-dki-10716978 | sm/cm – Relaxnews