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Olivier Theyskens Is Leaving Theory

The designer announced he was parting ways with the New York-based brand Monday.
Olivier Theyskens and Felicity Jones
Olivier Theyskens and Felicity Jones
AP Images

Olivier Theyskens, who spent nearly four years as the artistic director of Theory, is leaving the New York-based contemporary sportswear brand to "pursue other design projects," according to WWD.

The designer — who has dressed the likes of Reese Witherspoon, Emma Watson and, most recently, Greta Gerwig and Felicity Jones at this year's Met Gala — will present Theory's pre-spring 2015 line as his last collection for the fashion house.

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"It has been an amazing opportunity to work with Andrew [Rosen, CEO of Theory] and to benefit from his knowledge in this dynamic segment of fashion," Theyskens told the publication. "I will always cherish our friendship."

While visiting L.A. last year for a lecture hosted by the Costume Council of LACMA, Theyskens said of the label, "We do not really change the collections for the markets. We want Theory to be a global brand. But we do think about cities where it is warmer."

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Though the Belgium-born designer helped Theory gain global recognition, sources tell WWD that Theysken's designs "failed to ignite sales on the store floor."