Lagerfeld Has This Ghesquière Thing Figured Out

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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 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. Photo: Pascal Le Segretain/Getty Images

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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