Karl Lagerfeld has rejected rumours he will quit Chanel.

Karl Lagerfeld

Karl Lagerfeld

The 82-year-old German fashion designer, who was allegedly set to leave the fashion house after spending 30 years at the helm of the designer brand as their creative director, has admitted the speculation is "unsubstantiated" and is believed to hold a lifelong contract with the luxury label.

Speaking to Vogue magazine about the false statement on the legendary creative maestro - who has also led Italian designer company Fendi as well as his own label - a spokesperson said: "The rumours about Mr. Lagerfeld discontinuing the collections and the cruise collection show in Cuba being the last are unsubstantiated."

The rumour arose when the New York Post newspaper implied Karl was tired of being Chanel's frontrunner and was ready to step away from the label.

However, Karl who has worked with Kendall Jenner, Cara Delevingne and 42-year-old supermodel Kate Moss, is set to go ahead with the pre-Spring/Summer show and showcase the Chanel Resort 2017 collection in Havana, Cuba, May 3.

And the fashion mogul starred in 20-year-old Kendall's Snapchat, which proved the star is still in action as the pair pose on set of an upcoming photo shoot.

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