Thank goodness, everything is okay again, and we can call off the hit on Alber Elbaz. Chanel has just released a statement referencing the rumor that Elbaz might be replacing Lagerfeld at Chanel which reads :

Please note that Karl Lagerfeld is the Creative Designer of CHANEL and has a long-term contract with the company. Replacing him is not an issue.

Good. We can get back to watching 265 pound glaciers be shipped to Paris for fashion week now.