Karl Lagerfeld Choose New Chanel Designer

Even though Karl Lagerfeld has no retirement plans just yet he is still keeping an eye open for a might be successor. "I have a contract for life so it all depends on who I would like to hand it to, at the moment I'd say Haider Ackermann." Lagerfeld told Numero magazine.

Ackermann, who was last year tipped as Martin Margiela's successor at the Maison, was invited to Chanel's latest show in Paris by Lagerfeld - and is understandably overwhelmed to be named as a possible Chanel helmer by Lagerfeld. "What can one possibly say to such a phrase?!" Ackermann told WWD. "Such a compliment! Honoured I feel, how can one not be?! In all honesty tremendously, immensely touched especially coming from Monsieur Lagerfeld."