After months of speculation, Calvin Klein Collection creative directors Francisco Costa (Women's Creative Director) and Italo Zucchelli (Men's Creative Director) are leaving the company as part of a new global creative strategy unifying all Calvin Klein brands under one creative vision. "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."

The move paves the way for Raf Simons — who left his role as creative director of Christian Dior women's in October 2015 — to take the creative reins at Calvin Klein, an appointment that has been widely rumoured for several months.