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>> INSIDER WIRE —Spokespeople at Chanel and Lanvin promptly denied Friday's rumor that Karl Lagerfeld might be exiting Chanel, with Alber Elbaz taking his place and Olivier Theyskens taking over at Lanvin, but over the weekend,'s Derek Blasberg, who was in Venice for the Biennale with a number of fashion insiders, tweeted: "Hold up now, y´all. Word on the street here in Venice is that maybe some of this fashion designer shuffling is true." [The Cut, Derek Blasberg Twitter]

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