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Published 10:12 1 Jul 2015 BST
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Donna pictured in New York earlier this year.
“After much thoughtful discussion and in partnership with Donna Karan International and LVMH, our visionary founder, Donna Karan, has made a personal decision to step down from her day-to-day responsibilities as Chief Designer for Donna Karan International.”
It has been reported that Donna will now focus her attentions on her Urban Zen Company, which offers consumers jewellery, furniture, home décor and ‘other soulful objects of desire’.
Donna pictured with Calvin Klein.
The Instagram post confirmed this decision stating: “She will remain with the company in an advisory role and will dedicate her focus on her Urban Zen Company and foundation which she founded in 2007.
“Donna Karan is an icon, visionary designer and a passionate philanthropist. She believes in dressing and addressing women."
She will continue to consult on the brand.
“Her impact on American fashion has been extraordinary and she will continue to influence and inspire for years to come.”
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