Gucci's creative director Michele is exiting the brand

Creative director Alessandro Michele is leaving Italian fashion house Gucci, the biggest brand of French luxury group Kering, Women's Wear Daily (WWD) reported late on Tuesday.

"Could a major change be taking place at Gucci? Well-placed sources here say that creative director Alessandro Michele is exiting the brand," WWD said in a report from Milan

A statement was expected as early as Wednesday, it added.

Kering could not be immediately reached for comment on Wednesday.

Gucci has been successfully revamped with a bold new style since Michele took over the top creative role at Gucci in January 2015. (Reporting by Dominique Vidalon; Editing by Benoit Van Overstraeten)