Karl Lagerfeld Is Launching a Line of Hotels and Restaurants

Designer Karl Lagerfeld is now adding hotelier and restaurateur to his résumé. Earlier today, the Chanel and Fendi creative director announced his plans to pursue his own brand, titled Karl Lagerfeld Hotels & Resorts, which will include members' clubs, restaurants, and residential buildings all under a licensing agreement with Brandmark Collective BV. The Kaiser is no stranger to the business, having dipped his toe into the hospitality pool before when he oversaw the design of a large hotel in...