In 1983 German fashion designer Karl Lagerfeld (who died this past week at the age of 85) was given control of the label built by Gabrielle "Coco" Chanel. In this "Sunday Morning" report originally aired on May 8, 2005, Lagerfeld talks with Rita Braver about the history of Chanel and her designs' "opulent simplicity," and how he sought to revive the faded brand.