Is Lagerfeld’s Reign at Chanel Coming to an End?

Francois Guillot / AFP-Getty Images

Karl Lagerfeld presented his 55th ready-to-wear collection for Chanel in March in typical over-the-top fashion. Staged at the mammoth Grand Palais in Paris, the show featured models dressed in fur-trimmed tweed minidresses and fur moon boots, sloshing around a giant iceberg that Chanel had shipped in from Sweden. The fashion press howled that Chanel was tone-deaf when it came to the environment—especially after Lagerfeld told reporters backstage that global warming might be “nonsense.” If the controversy was a planned exercise in media hype, it worked.