Legendary fashion designer Donna Karan announced Tuesday that she’s stepping down as chief designer at Donna Karan International, the company she co-founded with her late husband in 1984. Karan, 66, said she plans to focus more on her charitable foundation, Urban Zen. “LVMH (Moet Hennessey Louis Vuitton, DKI’s parent company) and I have made this decision after much soul-searching,” Karan reportedly said in a statement. She said she’ll remain with the company in an advisory role. “Donna Karan is a visionary designer who changed the way women dress by refining power and sensuality,” said Caroline Brown, DKI’s CEO. “Her influence has been extraordinary and will continue to inspire for years to come.”
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