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Lagerfeld Has This Ghesquière Thing Figured Out

Karl Lagerfeld walks the runway during the Chanel Spring / Summer 2013 show as part of Paris Fashion Week at Grand Palais on October 2, 2012 in Paris, France.

Karl told Reuters, "Perhaps Nicolas wants to have his own label, which is not a bad idea ... And it would not be a bad idea if somebody such as Bernard Arnault would invest in a new label because there are so many old labels (within the LVMH group)."

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Nicolas Ghesquière to Leave Balenciaga [Updated]

Photo: Pascal Le Segretain/Getty Images

Copyright © 2013, New York Media LLC. All Rights Reserved. The Cut® are registered trademarks of New York Media LLC.

Copyright © 2013, New York Media LLC.
All Rights Reserved.

Copyright © 2013, New York Media LLC. All Rights Reserved.

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