Designers Maxwell Osborne and Dao-Yi Chow are stepping down as co-creative directors at DKNY.
The designers, who are also behind the label Public School, presented their first collection for the New York-based brand in September last year (15).
Their departures follow the completion of fashion conglomerate G-III’s $650 million (£514 million) acquisition of Donna Karan International (DKI) from LVMH Moet Hennessy Louis Vuitton (LVMH).
In a statement confirming their exit, Chow and Osborne thanked bosses at DKNY and expressed their desire to focus their efforts to a single entity.
“Given the company sale and subsequent change in strategies, we have decided to step down and focus on our own business, Public School,” they said. “It’s been an unbelievable experience to work side by side with the wonderful people at DKNY, especially our amazing design team and atelier. We wish the company success in the future.”
In their time at DKNY, Chow and Osborne were credited with bringing a more streetwise yet tailored sensibility to the brand.
Their first show revamped a working woman’s wardrobe of pinstripes and dresses into deconstructed pieces any Millennial could covet.
In addition to Chow and Osborne’s departures, Caroline Brown, the CEO of DKI, will also be stepping down. She joined in January 2015, and quickly tapped the design team to join her as part of an effort to rebrand the iconic, but ailing label, which was first launched by designer Donna Karan in 1985.
“As Donna Karan International transitions to new ownership and therefore new directions, I have decided it is the right time to step down and explore new possibilities,” she said. “This decision accompanies much appreciation and admiration for all of the talented teams here, our founder Donna Karan and our Creative Directors Dao Yi Chow & Maxwell Osborne. I know the company rests in good hands under the new leadership of G-III for the next stage of its development.”