We just heard the news that designer Derek Lam is giving up his post as creative director of luxury handbag and accessory line, Tod’s. The designer, who also manages his own sponymous line, has been heading up Tod’s since 2006 and had renewed his contract for another two years back in the fall of 2010. So far WWD is the only one who’s broken the news and even they have very little information due to the surprising nature of the news. They say Lam can’t be reached for commment. We’ll update with details on the story as they’re revealed.
Article source: WWD
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