Francisco Costa has stepped down from his role as creative director of womenswear at Calvin Klein.
The company released a statement confirming his departure from the role he has held since 2003. Creative director of menswear, Italo Zucchelli, will also be departing the company.
In a statement announcing the news, Calvin Klein announced their "new a new global creative strategy" which will "unify 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," read the statement from CEO Steve Shiffman.
"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 company are yet to reveal who will take Costa's place as creative director, however the rumour mill is rife with reports that Raf Simons will take up the post after his own departure from Dior back in October 2015.