Marion Foale, founder of the eponymous knitwear brand and supplier, is stepping away from the business.
The company, which produces contemporary knitwear for designers such as Margaret Howell, will continue to trade, led by current managing director Karen Inch.
Foale, who has worked in the fashion industry for more than 50 years, intends to persue a career in fine art.
Foale was one half of design duo Foale & Tuffin, which had a boutique on London’s Carnaby Street in the 1960s.
She created her own brand in 1981.