Faske, Donna Ivy

Portrait
Born: Oct 02, 1948 AD
Currently alive, at 66 years of age.

Nationality: American
Categories: Entrepreneurs, Fashion Designer


1948 - Born on October 2nd in Queens, New York. An American fashion designer and founder of DKNY.

1971 - She became associate designer and, after Klein died, co-designer with Louis Dell'Olio.

1973 - She married Mark Karan. They had a daughter named Gabby.

1978 - They got divorced.

1983 - Married her second husband, Stephan Weiss, a sculptor.

1984 - Being trained at Parson's School of Design, she entered the busines herself, designing for Anne Klein. Eventually she became head of the Anne Klein design-team and remained in this position.

1985 - She left Anne Klein and founded her own company. At first she became known for her line of elastic bodies. Then word spread about her Essentials line, offering seven easy pieces every woman should have in her closet.

1988 - The introduction of her DKNY collection marks the beginning of a period of amazing growth of the company. Thought of as a bridge collection, DKNY has developed to be the pillar of the Donna Karan business. DKNY is a modern, moderately-priced young collection, drawing from the spirit of big city life.

1997 - Donna Karan herself followed her husband's resignation, backing off from the position as CEO of the company. Donna Karan remains in the company as chairwoman and designer in charge.

         - A loss of $14.7 million was reported which led ultimately to the resignation of Donna Karan as CEO and the former Chief Financial Officer Stephen L. Ruzow.

2001 - Her husband, Stephan, died from lung cancer on June 9th.

         - In April, Karan announced that she had sold her company, Donna Karan International, to French luxury conglomerate LVMH for almost $250 million in cash.
Page last updated: 1:32am, 07th Mar '07
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