Oscar de la Renta, one of the world's most popular fashion designers, has passed away peacefully at the age of 82.
The style maestro, renowned for creating show-stopping ball gowns and dressing the stars, reportedly died from cancer, which he has been battling since 2006. He passed away at his home on Oct. 20, 2014, surrounded by friends and family.
He is survived by his wife Annette and his adopted son Moises, who is a designer at the house.
"While our hearts are broken by the idea of life without Oscar, he is still very much us. Oscar's hard work, his intelligence and his love of life are at the heart of our company," read the statement released.
"All that we have done, and all that we will do, is informed by his values and his spirit. Through Oscar's example we know the way forward. We will make Oscar very proud of us by continuing in an even stronger way the work that Oscar loved so much.'"
The Dominican Republic-born designer started out his career dressing Jackie Kennedy in the 1960s, then designed a dress for Diana, Princess of Wales, before going on to create dresses for practically all of Hollywood's elite.
Mr. De la Renta's final catwalk collection, which was to be his last before British designer Peter Copping took the helm of the fashion house, centred around florals and the joyous elements of spring.
The presentation took place at New York Fashion Week in September.
Oscar was born in 1932 to a wealthy family in the Dominican Republic. He learned his trade as an apprentice of Spanish designer Cristobal Balenciaga before working for Lanvin and Balmain in Paris.
He then launched his own ready-to-wear label in New York in 1965.