Contracts Quote by Karl Lagerfeld
“Everyone wants to know and hopes I retire so they can get the jobs. But my contracts with Fendi and Chanel are lifelong.”
About This Quote
Source Interview: Business Insider, 2015
He suggests that his exclusive contracts ensure job security for himself, making retirement irrelevant for him and his employers.
In simple terms: His contracts keep him employed forever, so others can’t take his jobs.
Value long‑term partnerships.
Themes
Mood
Type
When to use this quote
- fashion runway
- designer negotiations
- career planning
Key Concepts
Questions to Reflect On
- How do lifelong contracts affect industry innovation?
- Are exclusive deals always beneficial?
Such contracts can limit fresh talent entry and create dependency.