Karl Lagerfeld might have started making his own coins but turns out that doesn't mean he's not feeling the credit crunch. ‘I have moved to a smaller house in Paris and I don't fancy having so much staff now,' he revealed to a German magazine this weekend. And that's not the only way the designer's downsizing. His new holiday home in Vermont is ‘very Emily Dickinson. In fact it's almost Puritanical. For me it's a new form of modesty.' Still, this being Karl there are some sacrifices that can't be made. ‘The chambermaid, chauffeur and chef are still musts,' he said. Well you'll be glad to hear Karl that we feel a similar way about the new upended 2.55 Chanel bags... [Spiegel]
Even Karl Lagerfeld's feeling the credit crunch
15 December 2008
Trending in Fashion
Socialise with us
Sign up to our newsletter
Sign up for our latest Who What Wear direct to your inbox!
Please enter this information so that Bauer Media Group (the publisher of Grazia) can keep you up-to-date by email with fantastic offers and promotions. We promise that you can unsubscribe at any time if you don’t find them interesting and you'll only get messages about things that we've chosen especially for you from ourselves and our network of great partners whose products and services we think you'll enjoy.
Bauer Media Group consists of Bauer Consumer Media Ltd, Bauer Radio Ltd and H. Bauer Publishing Ltd.
Find fashion shows