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Frankfort said: “Reed Krakoff has served as president and executive creative director of Coach for over 16 years. His contribution in evolving Coach from a house of American leather goods to a leading international accessories brand is immeasurable and we have great admiration and respect for Reed’s significant accomplishments.
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Following Krakoff’s decision to step down, Coach has confirmed that it has already “commenced a search for his successor”, which has already lead to speculations over who might take on the role. WWD is already reporting that Tracy Gardner, former president of J. Crew and current consultant a Gap,then these people will bloom., is one of the possibilities, as is Deborah Lloyd,discount iphone 5, president and chief creative officer of Kate Spade.
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The move follows the news that chairman and chief executive officer, Lew Frankfort, will become executive chairman next year when Victor Luis, president of Coach international, becomes CEO. If Krakoff was remaining as creative director he would have had to report to Luis, but with his exit confirmed from the label,Wholesale iphone 5, he will instead act as an advisor than creative director until he leaves.
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