Karl Lagerfeld said to expect something spectacular on the house's catwalk because funding for him to create his fashion masterpieces has not been affected."We have no budget," he says. "We do what we want and throwing money out the window brings money back in through the front door. The bottom line is I don't deal with the bottom line. The luxury in my life is I never have to think about it." Although don't expect to see something over the top showy from him he says "bling is over, red-carpety-covered-with rhinestones is out. I call it the new modesty."
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