"This whole crisis is like a big spring housecleaning — both moral and physical... Bling is over. Red carpetry covered with rhinestones is out. I call it ‘the new modesty."
He then goes on to say:
"he is not being forced by the private company’s owners to bend or adapt because of financial constraints. “We have no budget, we do what we want and throwing money out the window brings money back in through the front door,” he said. “The bottom line is that I don’t deal with the bottom line. The luxury in my life is I never have to think about it."
Karl Lagerfeld
