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"This is not a fact until you officially read it somewhere else but rumour has it that Karl Lagerfeld will not renew his contract at Chanel and that Albert Elbaz will take his place and Olivier Theyskens will take Albert's place at Lanvin. Both choices make perfect sense to me. Schaparelli has decided to change directions and do a not so expensive line . Nothing is engraved in cement, these are still just rumours you will have to wait and see."

Source

maybe they weren't fans of the scooter?

There's a lot of rumour swirling about this, some say he's going into cinema. We can only hope as a directorial role.

Chanel Says Karl Lagerfeld Isnt Going Anywhere

After Diane Pernet reported on her blog A Shaded View on Fashion that Karl Lagerfeld supposedly didn't renew his contract with Chanel, we inquired about the rumor's veracity directly with the label. A spokeswoman responded with an emphatic "No!" So there you have it.

i hope this is a rumor
i am quite a fan of karl lagerfeld!