Since Lagerfeld's death, there has been plenty of intrigue surrounding his will. Giabiconi and Caçote, as well as Lagerfeld's friend and assistant Sébastien Jondeau, the head of the Karl Lagerfeld brand Caroline Lebar, and his godson Hudson Kroenig are all allegedly included in his will.

In the 1980s, Lagerfeld was hired by Chanel, which was considered a "near-dead brand" at the time since the death of designer Coco Chanel a decade prior. Taking over the couture there in 1983, Lagerfeld brought life back into the company, making it a huge success by revamping its ready-to-wear fashion line.

Although Karl Lagerfeld Paris was founded much later than many of the designer brands we're familiar with, the history and reputation of the brand grants it the coveted luxury status.