A decade has passed since Karl Lagerfeld did a one-off collaboration for Swedish retailer H&M and the fashion industry has never been the same. "I never expected it to make such a splash," said Lagerfeld. "Inexpensive is not 'cheap' anymore, that's why the luxury industry has to make an even bigger effort. I think all that is very healthy." Lagerfeld shares his thoughts on fashion in "The First Ten Years," a commemorative book H&M is releasing on November 6. Read More »