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Karl Lagerfeld Rumored to Retire from Chanel in 2012; Stefano Pilati Said to Have Renewed Yves Saint Laurent Contract

Stefano Pilati Said to Have Renewed Contract at Yves Saint Laurent; Karl Lagerfeld Rumored to Be Retiring in 2012

>> In response to the rumors of Stefano Pilati's tenuous footing at Yves Saint Laurent, more rumors: Balmain's Christophe Decarnin, former Saint Laurent men's designer Hedi Slimane, and Raf Simons were all reportedly approached for the job, but nonetheless, Pilati is said to have recently extended his contract for another three years. Word is, Hint reports: "Pierre Bergé has no interest in seeing the YSL brand continue. He'd rather see it killed and the legacy remain untouchable, observed only from afar through exhibitions, films, auctions, etc. As his foundation still controls the YSL archives, he can and does make life difficult for whomever wants a closer look at the house's DNA," which may have contributed to the potential replacements turning Pilati's position down. There's also speculation that Karl Lagerfeld plans to retire on his 30th anniversary at Chanel in 2012 — "it's thought he'll stage a massive, never-before-seen, no-expense-spared farewell" — leaving Alber Elbaz to take his place and Olivier Theyskens to take the reins at Lanvin. [Hint]

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