Haute Couture

Fashion's Old Fogies Create Succession Conundrum

Long-time bosses at Armani, Chanel, Cavalli, and LVMH will soon shuffle off the catwalk

Lagerfeld has been a fashion fixture since the Eisenhower Administration

Photographer: Photographer: Timothy A. Clary/AFP via Getty Images)

At its core, the business of fashion is an endless quest for something new. Problem is, some of the biggest names are getting rather old.

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