Cajfinger, the French fashion brand’s founder, who served as its creative director and chairman since 1987, is said to be pursuing “personal projects,” the company said Wednesday.
Paule Ka is owned by Change Capital Partners, which took a 70 percent stake in the company in 2011, spurring growth and driving international expansion, which, according to the firm, is calling for new managerial talent.
Cajfinger and his family remain the minority shareholders.
“I’m leaving Paule Ka with the feeling of a job well done. I’m confident that the teams in place will continue to write the beautiful history of Paule Ka with just as much success,” said Cajfinger, adding he is leaving behind a full collection for spring, while fall 2015 will be designed by an in-house team.
According to a spokeswoman for Paule Ka, the appointment of a new creative director is expected by the end of the year.
Also parting ways with the French ready-to-wear brand is Antoine Bing, Paule Ka’s chief executive director since 2002. Bing will stay on board until a replacement has been found to ensure a smooth transition.
Paule Ka is currently present in 56 countries via 475 points of sale, including 60 monobrand doors. In 2013, the brand reported sales of 50 million euros, or $66.4 million at average exchange.
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)
@heriethpaul and @gracebol have a moment on the @victoriassecret fashion show 2017. See every look from the runway on WWD.com. Link in bio. (📷: @giovanni_giannoni_photo) #wwdfashion #victoriassecret #VSFashionShow
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia