Stern
Strategic Concepts & Mechanics
Primary Evidence
"H&M is praised for the initiative to make designer fashion at this level accessible to the public. However, there is also criticism, and it comes from an unexpected quarter – namely, the designer Karl Lagerfeld himself. Despite the concept being designer fashion at a low price, his items are released in a limited edition. The first Lagerfeld collection sells out in just a few hours. This was not Lagerfeld's vision for the collaboration. In an interview with the German magazine Stern, he says: "I think it's embarrassing that H&M has let down so many people. It's snobbery created by anti-snobbery."[102](private://read/01jas9tvg84jycb27616w1f9k8/#note-102)"
"An anecdote that is often mentioned in connection with Nicolas Berggruen, and which was also included in a profile on Nicolas Berggruen on 3Sat, is that little Nicolas is said to have often "sat on Picasso's lap." The Munich evening newspaper (from June 8, 2010) also picked up the episode and wrote: "Born the son of the great art collector Heinz Berggruen, little Nicolas sat on the lap of Picasso." On Zeit Online it says: "Son of the famous art dealer Heinz Berggruen. Sat as a toddler on the lap of family friend Pablo Picasso." Stern (from June 10, 2010) finally states: "As a small child, he sits on the lap of Pablo Picasso.""