PARIS — A year ago, when legend Yves Saint Laurent told his intimates he would retire from fashion, Loulou de la Falaise, his muse and a chief creative consultant for some 30 years, found herself at a crossroads, as well.

"I used to think, ‘Well, maybe I should garden,’" de la Falaise recalls in her smoky, intoxicating voice, smiling wryly. "But when it actually happened, I instantly realized I wouldn’t. I realized I would do something."

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