Public School's Maxwell Osborne and Dao-Yi Chow Are Out at DKNY
And the CEO is leaving, too.
After only helming the creative direction for three seasons, Maxwell Osborne and Dao Yi-Chow are leaving DKNY. The move is unsurprising, as the brand did not meet the expected commercial success this year, but it’s taking place following LVMH’s selling of Donna Karan international to fashion conglomerate G-III for $650 million USD. As a result, the company is restructuring and revamping positions, starting with the Public School designers’ departure along with CEO Caroline Brown.
“Given the company sale and subsequent change in strategies, we have decided to step down and focus on our own business Public School,” wrote Chow and Osborne in a statement. “It’s been an unbelievable experience to work side by side with the wonderful people at DKNY, especially our amazing design team and atelier. We wish the company success in the future.”