Francisco Costa and Italo Zucchelli Leaving Calvin Klein

This just in: Francisco Costa and Italo Zucchelli, Calvin Klein's respective womenswear and menswear creative directors, are leaving, and the New York-based brand will be united under one vision, according to the New York Times' Vanessa Friedman.  No word yet on who will replace them, but this certainly gives quite a bit of merit to the Raf Simons-to-Calvin Klein rumors. 

Calvin Klein confirmed the changes on Tuesday but made no mention of Simons. According to a statement, “an announcement will be made in due course” regarding its future creative direction. Per WWD, "the strategy comes as part of a global evolution in the direction of the Calvin Klein brand, which began with the re-acqusition of its jeans and underwear businesses in 2013."

“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.”

A statement from house also confirmed that its in-house design teams will maintain the collections until a new creative director is named. While Calvin Klein will forgo a runway show for Calvin Klein Collection in June (for men’s) or September (for women’s), presentations will be held for press and sales. The timing of this is interesting. It seems as though Calvin Klein is putting things on hold - in a way - until Simons's non-compete agreement with Dior is complete this coming October.