Meryl Streepís definitely not wearing Chanel to the Oscars. Sad!

Lagerfeld says of The Donald's favourite (not): "A genius actress, but cheapness also, no?Ē

BY editors | Feb 24, 2017 | Fashion

David Mcnew / AFP

Would an award-winning mega A-lister, with a nett worth of approximately USD65 million, would order a Chanel dress, then turn it down, after it’s been customised (because it’s haute couture), just because they won’t pay her to wear that dress?

WWD reports that the actress up for an Academy Award for Best Actress for the Florence Foster Jenkins had her eye on one of Karl Largerfeld’s grey dress from his latest collection, ordered it and requested for a higher neckline (we wonder which dress this is!) The fashion house then started on its production when one of Streep’s camp called in and said, according to Lagerfeld, "'Don’t continue the dress. We found somebody who will pay us.'"

Chanel has a policy of not paying celebrities to wear its designs, but “after we gift her a dress that’s EUR100,000, we found later we had to pay [for her to wear it]. We give them dresses, we make the dresses, but we don’t pay. A genius actress, but cheapness also, no?” Lagerfeld said.

Now we wonder, whose designs will she wear next? Who’s that designer that’s paying her to wear it? But this just in: “A representative for the actress tells The Hollywood Reporter: that the statement is absolutely false, and that it is against her personal ethics to be paid to wear a gown on the red carpet. Chanel did not immediately return THR's request for comment.”

Meow. Er, we mean, like wow. 

LATEST UPDATE (27 February):

Meryl chose Elie Saab:

Kevin Winter/Getty Images/AFP