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Devoted Chanel fans can take a collective sigh of relief, because Karl Lagerfeld isn't going anywhere.
The 82-year-old fashion designer has manned the famed French house for 33 years—designing for brands like Fendi and Coca-Cola in his spare time—which would make retiring A-OK.
Reps for Chanel, however, say that yesterday's rumors, published in Page Six, are false. He will not step down from his role of creative director after the house's upcoming resort show in Cuba.
"The rumors about Mr. Lagerfeld discontinuing the collections and the cruise collection show in Cuba being the last are unsubstantiated," a Chanel spokesperson told Harper's Bazaar this morning.
You can't blame people for believing it, though. Rumors churned for months about a potential Hedi Slimane departure at Saint Laurent before it actually happened earlier this April. Same for Francisco Costa at Calvin Klein, which was finally confirmed yesterday.
Lagerfeld, meanwhile, just keeps on going. He was photographed on-set by Kendall Jenner yesterday in an endearing Instagram post calling him the "coolest guy":