This may be his best idea yet!
At the Parisian launch of his Little Black Jacket exhibition, Karl Lagerfeld was asked about Balenciaga's soon to be ex-creative director Nicolas Ghesquière's future. As usual, his two cents were brillz!
Chanel’s captain said:
"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 LVMH]."
Also, how funny that he called them "old!" LOLz! Oh, Karl!
[Image via WENN.]