Karl Lagerfeld seems to have remained mindful of the credit crunch and empathetic to those feeling its effects. He's heralded fashion's "New Modesty" and declared "bling is over." His Chanel couture show last week embraced this more somber mood, taking place at the Cambon-Capucines Pavilion in Paris instead of the Grand Palais. The blingless understated collection was accessorized with paper-head pieces. The Kaiser said he eliminated the VIP section to create "equality in an unfair world." Touching. But after the show, he told everyone to "stop crying" over the economy, and noted the collection "is not for the nouveau riche. It is for the very rich." So, don't cry — somewhere in the world, someone way, way richer than you'll ever be is buying couture? We feel like we're getting played, but it's okay since it's Karl instead of the guy from last Thursday.
Let Them Eat Foie Gras [WSJ]
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