This article first appeared onVogue Business.

Zhou will carry the brand forward as sole owner and CEO, while Lim pursues new ventures.

The co-founders said it marked a natural turning point for them both.

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Photo: Albert Urso/Getty Images

3.1 Phillip Lim September 2024.

SS25 will be Lims last collection for the brand.

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3.1 Phillip Lim September 2024.

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