Yesterday rubbished rumours were sweeping the internet on the retirement of Karl Lagerfeld. Karl Lagerfeld has been the creative director of Chanel for more than 30 years. He was due to step down following the forthcoming pre-spring/summer show in Cuba but nothing happened in the sun.
In fact Karl Lagerfeld’s retirement is already planned, and rumours on whom will replace him is discussed on internet. Karl is indeed negotiating to stay one more year for a sum of 24 million euros that is why the family is currently considering an alternative.