The designer, who recently stepped down as artistic director of Fendi, is now a free agent, leaving the industry eager to see his next move.

Just a week ago, Kim Jones marched out onto an ice rink-size runway in Paris, taking a bow at the conclusion of his latest show as the men’s creative director at Dior. That show would be his last. On Friday, Mr. Jones, a British fashion designer who has held that role since 2018, announced he was leaving the brand.

Fashion designer Kim Jones is leaving luxury group LVMH's Dior Homme brand, the label said on Friday, capping a seven-year tenure in the latest of a series of high profile designer reshuffles as the industry faces its slowest growth in years.

The House of Dior wishes to express its deepest gratitude to Kim Jones,” read the statement, “who has accelerated the development of Men’s collections internationally and has greatly contributed to the worldwide influence of the House by creating an inspiring wardrobe that is both classic and contemporary,