10/13/2011 10:37 am ET | Updated Dec 13, 2011

Karl Lagerfeld: 'Chanel Wasn't Trendy At All' (VIDEO)

CNN interviewed Karl Lagerfeld for an upcoming special, "Fashion: Backstage Pass." They have only released the teaser so far (the show premieres on Saturday, October 15 at 2:30) but leave it to the Kaiser to give us a detectable quote in the preview. He discusses taking on the role of creative director of Chanel, "You know, when I was asked to do it, Chanel wasn't trendy at all. The owner said, 'I'm not proud of the business. If you can make something, OK. If not, I'll sell it.' And we made something out of it because he gave me total freedom.... The label has an image. It's up to me to update it. What I did, [Coco Chanel] never did, she would have hated."

We're glad he took on the task! Watch the preview below: