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Donna Karan Steps Down from Company

After 31 years, American fashion designer Donna Karan is leaving her eponymous label. On Tuesday, the designer announced her decision to step down from her day-to-day responsibilities as chief designer at Donna Karan International (DKI).

Karan will keep an advisory role in the company, which was purchased by LVMH in 2001. The company now sells apparel, sportswear, footwear and accessories globally under the Donna Karan New York and DKNY brands.

Karan plans to focus on Urban Zen Company and Foundation, which she founded in 2007 to support worldwide health and education. She is also releasing a memoir in October, which will offer a deeper look at how her “seven easy pieces” revolutionized the women’s wardrobes worldwide.

Rumors have been circling about Karan’s departure. In January, Donna Karan named Caroline Brown, former president of Carolina Herrera, its new CEO. In April, Public School designers Dao-Yi Chow and Maxwell Osborne were named DKNY’s new creative directors.