Francisco Costa and Italo Zucchelli Are Leaving Calvin Klein

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Francisco Costa and Italo Zucchelli

New day, new exits.

It's only April and already it's been quite a year of designer musical chairs. The next major change? Francisco Costa and Italo Zucchelli are leaving their posts as women's creative director and men's creative director, respectively, of Calvin Klein.

Business of Fashion reports that the fashion house is combining the Calvin Klein brands under one creative vision as part of its global strategy.

CEO Steve Shiffman issued the following statement to BoF: "This creative strategy marks the beginning of another significant chapter in Calvin Klein’s brand legacy since Mr. Klein’s retirement. 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."

Costa, whose designs have been seen on the likes of Lupita Nyong'o (who could forget that pearl-embellished gown at the Oscars?), Zoe Saldana and Emma Stone, joined 2003 and was promoted to creative director a year later. Zucchelli's creations also were favored by those in Hollywood, especially among the music set, including Sam Smith and Drake.

The company has yet to announce its next leader, but stated, "An announcement will be made in due course." However, the industry has already started speculating that Raf Simons, who left Dior in October 2015, is rumored to take the top post.