Karl Lagerfeld no longer involved in Isla Moda
Contrary to ongoing reports, Karl Lagerfeld is no longer involved in the Isla Moda fashion island project. News of the man-made island's creation first appeared back in 2008, when Lagerfeld initially agreed to participate in the project. Now a spokesperson for the label tells us that due to the financial crisis the owners of the island were forced to postpone the project. As a result of this the French designer withdrew his involvement, putting "an end to his collaboration with Isla Moda's owners."