Donna Karan steps down from her own label

Designer Donna Karan greets the crowd at the end of the DKNY show

Fashion designer Donna Karan is set to step down from her namesake brand.

The creative, credited with designing the "working woman's wardrobe", will give up her position as Chief Designer for Donna Karan International, which she co-founded in 1984, but remain with the company in an "advisory role", according to the label.

The brand broke the news via an Instagram post which stated: Over the past three decades, Donna Karan has inspired women around the world to embrace their power and sensuality. When she started her collection in 1985 she set out to simply make clothes for her and her friends. A little collection of simple black pieces that was all about need and desire. She quickly found out that she wasn't alone- she had a lot of friends out there. Her philosophy of a sophisticated system of dressing, "her seven easy pieces" revolutionized the working woman's wardrobe."

Karan will now focus on her Urban Zen company and foundation.