Following Hood By Air's cancellation of its Paris Fashion Week Autumn Winter 2017 show in February due to "unforeseen circumstances" and founder Shayne Oliver designing a capsule collection for Helmut Lang earlier this month, the New York brand released a statement yesterday that announced it would be going on hiatus, effective immediately.

The release read:
"Co-founders Shayne Oliver and Leilah Weinraub will be focusing on their current projects. Weinraub is currently developing her film and directorial career with her upcoming project 'SHAKEDOWN,' included in the Whitney Biennial in May. Oliver will be devoting himself in the immediate future to his responsibilities at Helmut Lang."

Fear not, fans of the quintessentially New York collections, the release goes on to detail that it will "continue to fulfil its creative vision in the near future."

In Milan, Italian house Emilio Pucci is on the search for a new designer as Women's Wear Daily reports that the two-year tenure of Massimo Giorgetti has come to an end. The designer explained in a statement that he would be focussing on his own line, MSGM, explaining that the brand "needs more and more of [his] attention and all [his] energy."

A new appointment has yet to be announced - watch this space.

Fashion industry update: Key moves at Hood by Air & Emilio Pucci