You know these days rumors make the fashion world go ’round. Two days ago we heard a rumor that concerns La Lohan and Ungaro, and now the freshest one is about Karl Lagerfeld. According to A Shaded View on Fashion, Karl “The Kaiser” Lagerfeld decides not to renew his contract with Chanel.Also the same source reports that Lanvin designer Alber Elbaz will replace Lagerfeld at Chanel.
Lagerfeld is famous for being the biggest workaholic in the industry,so I really cannot imagine that he is leaving Chanel and retiring. But I guess we just have to wait and see.