Karl Lagerfeld has weighed in on what Nicolas Ghesquiere should do post-Balenciaga in what may be one of his most reasonable interviews in recent memory.
Reuters caught up with Lagerfeld at the opening of the Chanel Little Black Jacket exhibition in Paris today where he told them:
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).
All completely rational, sound opinions that we definitely agree with.
As usual (except that one time he said Haider Ackermann might be suitable to replace him at Chanel), he wouldn’t discuss his own succession. Bruno Pavlovsky, president of Chanel’s fashion division, said, reassuringly, that “Karl is in great shape, I work every day with him and I can assure you that he is doing very well.” But, is he? These quotes are so restrained and logical that it’s making us a little worried.