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The move follows the news that chairman and chief executive officer, Lew Frankfort,1978 in Immokalee, will become executive chairman next year when Victor Luis, president of Coach international,discount Samsung Galaxy S4 buy, becomes CEO. If Krakoff was remaining as creative director he would have had to report to Luis,Cheap Apple ipod touch 4th Generation for sale, but with his exit confirmed from the label, he will instead act as an advisor than creative director until he leaves.

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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, is one of the possibilities, as is Deborah Lloyd, president and chief creative officer of Kate Spade.

Frankfort said: “Reed Krakoff has served as president and executive creative director of Coach for over 16 years,discount BlackBerry mobile phone buy. 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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