PARIS – Fashion icon Karl Lagerfeld announced yesterday he planned to launch his own branded hotel chain, with the first property set to open in Macau in 2018.
The 83-year-old German-born designer has already collaborated with luxury Parisian address Le Crillon and the Metropole in Monaco, but the new business will see him and his company design entire hotels.
Leading fashion houses from Dior to Diane von Fürstenberg have developed a lucrative side-business away from the catwalk by designing suites and other interiors for hotel owners.
