Karl Lagerfeld to leave Chanel?

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Fashion genius Karl Lagerfeld is rumoured to be retiring from Chanel in 2012. It is thought that on the designer’s 30th anniversary at the fashion house, Karl will stage a huge farewell with no expense spared, and there is speculation that Creative director at Lanvin, Alber Ebaz, will replace Mr Lagerfeld as head designer for the label.

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