What is Chanel without the Kaiser??

“This is not a fact until you officially read it somewhere else but rumour has it that Karl Lagerfeld will not renew his contract at Chanel and that Albert [sic] Elbaz will take his place and Olivier Theyskens will take Albert’s place at Lanvin. Both choices make perfect sense to me…Nothing is engraved in cement, these are still just rumours you will have to wait and see.” —Diane Pernet from A Shaded View of Fashion.If this is true....woa! My world'll be turned upside down! (I can be a drama queen sometimes and over exaggerate, but...things won't be the same, that's for sure!)P.S. - Picture has nothing to do with the quote. It's just a photo I like of Karl. ;)