Karl Lagerfeld To Create An Affordable Clothing Collection For Macy's Fall 2011

Macys has inked a deal with the Karl Lagerfeld brand, owned by private equity firm Apax Partners, for an affordably priced ready-to-wear line that will range from jeans to gowns. The new line is slated to launch fall 2011, it's also expected to include a major online component, with e-commerce as a key distribution channel.


In September, Karl canceled his Lagerfeld fashion show, revealing plans to create a "masstige" ready-to-wear collection that would be sold online and available next fall.