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Karl Lagerfeld checks into hotel business

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Fashion icon Karl Lagerfeld planned to launch his own branded hotel chain, with the first property set to open in the Chinese gambling hub of 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. Lagerfeld intends to follow the example of rivals such as Armani, Bulgari and Versace which have gone one step further and opened properties under their own names.

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