Karl Lagerfeld dies/ReutersLegendary haute-couture designer Karl Lagerfeld known for his association with global giant Chanel has died. Artistic director and icon of the global fashion industry for more than 50 years, Lagerfeld was 85. After Lagerfeld missed Chanel's January show in Paris, rumours of his ill-health started making the rounds. French celebrity online magazine Purepeople said Lagerfeld died on Tuesday morning after being taken to hospital in Neuilly-sur-Seine just outside Paris the night before.
"We have lost a creative genius who helped to make Paris the fashion capital of the world and Fendi one of the most innovative Italian houses," LVMH chairman and chief executive Bernard Arnault said in a statement. "We owe him a great deal: his taste and talent were the most exceptional I have ever known," he added.