Tod's says creative director Facchinetti to leave company

Italian luxury good group Tod's said on Thursday that its Creative Director Alessandra Facchinetti would leave the company after three years in her position.

Facchinetti said in a company statement she would "focus on other projects ... put aside in order to be able to achieve Tod's strategies."

Facchinetti's move is the latest in a long string of departures of creative directors in luxury good companies, including Anthony Vaccarello at Versace at the beginning of April.