SHOW TIME: He’s not only thin, he’s early. Way early. Chanel’s Karl Lagerfeld will get a major jump on the ready-to-wear season Dec. 12 when he stages a showing of 20 pre-fall looks at Chanel’s couture salons on Rue Cambon in Paris. He’s calling the presentation "Satellite Love," referring to the specialty ateliers the couture house acquired last July — the embroidery house Lesage and haute shoemaker Massaro — adding to the buttonmaker, hatmaker and feather and flower house it already owned. A Chanel spokeswoman said the presentation is meant to showcase their handiwork on luxury ready-to-wear. It will also send the message that it’s never too early to think about what to wear in fall 2003. About 65 guests are expected to view the collection over tea. OUT OF THE CLOSET: Thousands of Elton John fans and bargain hunters crowded into the singer’s fourth "Out Of The Closet" sale on Regent Street in London Tuesday, buying everything from snakeskin loafers to eye-popping Versace ties. Elton and his partner, David Furnish, put more than 15,000 garments on sale with the hope of raising approximately $800,000 for the Elton John AIDS Foundation charity. Versace — surprise! — was the most popular label up for sale, followed by Prada, Gucci and Donna Karan. Suits ranged from canary yellow to acid green and came encrusted with jewels or trimmed with fur. Silk ties cost $55 each, while snakeskin loafers sported a $150 price tag. The most expensive item on sale — an extravagant Seventies stage costume worn by Elton when he sang "Crocodile Rock" on "The Muppet Show" — carried a $55,000 price tag. David Beckham, a friend of Sir Elton’s, donated a Versace suit to the cause and his wife, Victoria, gave a Maria Grachvogel dress that she wore to the pop icon’s Barbie ball.

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