In breaking news, Calvin Klein has announced that it is unifying all its brands, and that its Calvin Klein Collection’s women’s creative director Francisco Costa and men’s creative director Italo Zucchelli are both exiting. The label is yet to reveal its new creative head, simply saying, “An announcement will be made in due course.” However, Belgian designer Raf Simons – who is widely accepted as one of contemporary fashion’s greatest visionaries – is hotly tipped to step into the role, as reported by WWD.

Speaking on Costa and Zucchelli’s departures, Calvin Klein’s CEO Steve Shiffman says, “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 news comes amid many fashion industry power moves, from Raf Simons’ departure from Christian Dior and Alber Elbaz’s from Lanvin. The industry is in a state of flux in other ways too with several brands, including Burberry and more recently Gucci, who have to chosen to merge their menswear and womenswear shows.

We reached out to Calvin Klein for comment, who told us that “An announcement regarding the new creative vision will be made in due course.” Stay tuned...