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Chanel Tries to Quiet Rumors About Karl’s Retirement

After rumors about Lanvin's Alber Elbaz replacing Karl Lagerfeld at Chanel surfaced for a second time over the weekend, Chanel denied the rumors for a second time. The house issued a statement that was pretty close to what they told Reuters in December, when the news organization reported that no matter what Chanel said, the label must be thinking about Karl's successor. In yesterday's statement, Chanel reiterated that Karl has a "long-term contract," adding, "Replacing him is not an issue." [Vogue UK]

Photo: Getty Images

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