Further to the above: Raf is clearly in a creative rut and the failure at CK obviously had an impact on him.
Yet, if I think of his work from 2008 to 2014 circa, I see a designer who is - yes - interested in making formalwear interesting or exciting to a younger audience but, in doing so, does not snob older clients with a progressive taste. For a few seasons now, I feel it's the opposite, there is something in his work deliberately pushing these away, as if with his getting older he felt more and more in touch with the needs of millennials and gen-z'ers, which, let's say it, it's kind of delusional.
And as much as oversize shapes have always been part of his vocabulary (at least as far back as 2003), I think now it just feels like a lazy trick to go with the flow and be relevant.