That’s So Lagerfeld: Icon Comments On Ghesquiere’s Departure From Balenciaga

As reported by Examiner.com:

“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).”

Balenciaga shocked the fashion world last week when announcing the departure of Ghesquiere. He’s been working for the brand since 1997. They didn’t explain the reason for his departure, but it’s clear that he wants to go in a different direction.

Karl was asked if he’d ever leave the Chanel brand:

“We (my team and I) only think in terms of one collection after the next collection. In fashion, I am very much against projection in the far away future.”

Lagerfeld was recently seen with hip-hop artist, Kanye West, back in October. There’s been rumors that the two would collaborate on a collection. A source told the New York Post:

“They were in a deep conversation, then later appeared to be getting devices out to discuss design ideas.”

Kanye already has a line of clothing, called Kanye West. Last month, he debuted his collection at Paris Fashion Week. His clothing line has also been seen on his current girlfriend, Kim Kardashian. He’s had his hand in fashion for years by working with designers like Louis Vuitton.

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