In what might be the best toy story of all time, Karl Lagerfeld is to be made into a Barbie doll as part of Mattel's Barbie Collector series. 

Crucially, the Chanel designer will not be a Ken: one look at a preliminary sketch shows off a drawing off a Barbie doll clearly made in Karl's image. All of the iconic designer's signatures are there – fingerless gloves, skinny black jeans, shades, white necktie and black boots. Unfortunately there's no sign of Karl's cat Choupette, who's possible busy with her new book or tied up with her new Shu Uemura campaign.

Kim Culmone, the global vice president of Barbie product design, told WWD: “It’s not everyday that Barbie dresses like the world’s most famous fashion designer." Further details on the limited edition Karl doll are to be released later this year.

This isn't the first time Lagerfeld has worked with the toy manufacturers. In 2009, he dressed Barbie in Chanel in celebration of Chanel's 50th anniversary. When you think about it, Barbie and Karl are a perfect fit: both are seemingly ageless style icons whose popularity will never fade. Who said life in plastic wasn't fantastic?