Wrap your heads around this impressive piece of gossip: Karl Lagerfeld is out at Chanel; Albert Elbaz is in; and Olivier Theyskens is heading to Lanvin. Were you sitting down? (Remember, it’s just a rumor.) Esteban Cortazar is reportedly out at Emanuel Ungaro after clashing with execs over their “marketing and advertising strategy,” which included plans for lots of Lindsay. Who will take Cortazar’s place?