Tod's Creative Director Steps Down

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Alessandra Facchinetti

Alessandra Facchinetti is making her exit from the Italian luxury label.

Tod's is losing its creative director. The luxury label announced Thursday that Alessandra Facchinetti is leaving the company after spending three years at the helm.

"I will now focus on other projects that I have put aside in order to be able to achieve Tod’s strategies," said Facchinetti — whose designs were seen on Nicole Kidman, Naomi Watts and Alessandra Ambrosio — in a statement.

Facchinetti previously worked at Prada, Gucci and Valentino before launching her own label called Uniqueness with Italian company Pinko. She then cut ties with Pinko to join Tod's in 2013, replacing Derek Lam.

Tod's Group chairman and CEO Diego Della Valle also thanked Facchinetti for her contributions to the company, stating, "We wanted to develop the Italian style as well as a strong point of view in fashion, presenting a show not to be missed in Milan and we have reached these objectives. I have given much consideration to this decision; we came to this conclusion after a thoughtful conversation and I wish Alessandra all the best for her future endeavors."

Facchinetti's departure is the latest in a series of designers exiting luxury fashion houses, including Hedi Slimane stepping down from Saint Laurent, Massimiliano Giornetti from Salvatore Ferragamo and Francisco Costa and Italo Zucchelli from Calvin Klein.

The Italian fashion designer's replacement has yet to be announced.