Karl Lagerfeld Defends the Luxury-Goods Industry and Fur

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Gird your loins!

Though Chanel just laid off 200 workers and canceled its Mobile Art exhibit, Karl Lagerfeld remains optimistic about the economy and the business of creating needlessly expensive items of apparel. He pontificated on the economic downturn to the BBC:

“I can be interested in a $20m diamond I will never buy, without desiring the diamond. If you want only things you can afford, it’s boring too.



“It’s great to see things you may not buy — because you don’t have the money — but it is very ugly to think they shouldn’t exist because you can not buy them.”

Though Chanel just laid off 200 workers and canceled its Mobile Art exhibit, Karl Lagerfeld remains optimistic about the economy and the business of creating needlessly expensive items of apparel. He pontificated on the economic downturn to the BBC:

Karl Lagerfeld Defends the Luxury-Goods Industry and Fur