The rumours were flying so fast there wasn’t time to post this before it became DEMODE. It was all much ado about nothing regarding the rumours that triggered many panic attacks - that Karl was not going to renew his contract with Chanel, and Lanvin’s Alber Elbaz was going to take over Chanel while Olivia Theyskens would take helm of Lanvin. All of Fashion Opera’s favourites:  The storm flurry brewed when Diane Pernet first broke news of these rumours, who has since posted a statement that both Chanel and Lanvin have denied this as hogwash - on grounds that Elbaz has a significant stake in Lanvin which makes poor business sense, while Karl is simply too obsessed with working to stop… that he’s immortal and the fact that Chanel is his bride, according to FakeKarl. Diane Pernet has since only publicly apologise to FakeKarl who had to stop work on his treehouse to express his consternation over the alleged rumours. No word from Real Karl yet.

JOKES!!