Last summer, rumors surfaced that Karl Lagerfeld did not renew his contract at Chanel and that Lanvin designer Alber Elbaz would take his place.

Both Chanel and Lanvin quickly denied the rumor, but it came back over the weekend on grazia.com.au, which became alarmed after fashion blogger Tommy Ton tweeted he was sitting on some news that will “SHAKE the fashion world”. With rumours circulating that Karl Lagerfeld’s tenure at Chanel is coming to an end and none other than Alber Elbaz will be announced as his successor.

In July of last year Karl promised to “die with his boots on” and then said in November, “Retirement is not one of the topics with which I deal.” However impervious to human things such as physical ailments and death Karl may actually be, sources said in December that Chanel must be thinking about his retirement, because he is 76 and it would be foolish not to. Newyork.com

Lagerfeld & Elbaz attend the New York Times Styles Party at Petit Palais in Paris.

Posted under: Fashion

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