Logo_GaultierJean Paul Gaultier announced his plans to stop making women’s and men’s ready-to-wear clothes, as the fashion house aims to dedicate more time on lucrative markets.

‘A New Beginning’

A short statement indicates that the 62-year-old designer wants to concentrate on the world of “haute couture” and perfume lines.

“Commercial constraints, as well as the frenetic pace of collections don’t leave any freedom, nor the necessary time to find fresh ideas and to innovate,” Gaultier explained his decision. “This is a new beginning, I will be able to express again my creativity fully and without constraints.”

Job Cuts

Gaultier, known as one of the most famous names in fashion, has already been designed ready-to-wear for almost 40 years.

His final RTW collection for spring/summer 2015 will be presented this month in Paris.

Industry watchers expect the closure of the business unit to result in job losses with a few dozen employees.

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