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August 27 2014

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Krakoff To Exit Coach

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In June 2014, after 16 years at Coach, Reed Krakoff will step down from his post as president and executive creative director in order to focus on his growing eponymous luxury line, reports WWD. “I’m excited to focus exclusively on the RK brand and to embark on the next phase of my career,” said the designer. Chairman and chief executive officer Lew Frankfort credits Krakoff with helping Coach evolve from an American leather goods house to a leading international brand. Coach, which announced that it was repositioning itself as a lifestyle label this past January, is currently on the hunt for a new creative director. The house also revealed that it is looking into “strategic options” for the Reed Krakoff range—which it owns and launched in 2010—that may include a “sale to a group in which Krakoff would participate.”

Photo: Monica Feudi/ Feudiguaineri.com

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