Karl Lagerfeld, designer who translated the mood of the moment and saved Chanel, dies

Karl Lagerfeld, who transformed Chanel from a faded fashion empire into a world power of style, has died. He was 85.

Lagerfeld, who also designed the Chloe collection, Fendi furs and his own brand-name collection for many years, died Tuesday, according to Chanel.

While leading designers of his…