From Herrera To Karan?

While  fashion departure causes ripples, jumping ship to helm a competitor can make waves: but it seems Caroline Brown is far from squeamish.

After four years as Carolina Herrera president, Brown revealed that she was stepping down just yesterday, but is today already being linked with a top job with one of New York's other grande dames: Donna Karan. Although the move has not yet been confirmed, WWD reports that Brown is set to assume the role of CEO.

Caroline Brown

LVMH - which owns Karan - has been searching for an executive to succeed Mark Weber, who took the role in 2006, for some time. Pierre-Yves Roussel, chairman and CEO of LVMH Fashion Group, is said to be spearheading a new strategy for the New York label and will continue oversee the brand, as he does Marc Jacobs International, where he serves as chairman.

Brown helped the Herrera label achieve four consecutive years of growth during her tenure, and expanded the company in numerous directions, including digital and distribution. She will leave her current role at the end of the year.