Karen Altuzarra

Those stories and more in our daily news roundup.

• Vogue announced that it plans to open an edition in Thailand, confirming rumors that first surfaced in April. Former Elle Thailand editor in chief Kullawit Laosuksri will lead the magazine, making him the only male editor in chief of one of Vogue's 21 international editions. [Vogue UK]
  

• Was that Karl Lagerfeld taking a trip on a fishing trawler in the Baltic Sea? No — it was comedian Jörg Knör, dressed up in the Chanel couturier's white wig and sunglasses while filming a skit for German TV. [The Cut]
  

• Karlie Kloss was lucky enough to wear a Dior gown to her prom. "It was so much fun," she said. "My prom date was hysterical. He was about eleven inches shorter than me. Maybe a solid foot. I bought him a tie to match. We were a very cute couple." [Fashionista]
  

• Annabelle Dexter Jones follows her godmother's beauty advice — "She always told me, 'You must moisturize every day.'" — with lotions from Santa Maria Novella and Kiehl's. [Into The Gloss]
  

• Joseph Altuzarra's mother, Karen, said not knowing anything about the fashion industry actually helped her become a better CEO for her son's business. "It meant we had some control over our own growth," she said. [Material World]

>> Joseph Altuzarra's show is one of New York Fashion Week's most in-demand tickets — but the label is not just hype; the designer takes care of business, too. The young Altuzarra brand, which was originally financed by $200,000 from the designer's father, Philippe Altuzarra (he heads French operations for Goldman Sachs), turned a profit last year, taking in some $4 million in sales and leaping from three stores and 80 pieces to about 30 stores and 1,800 pieces.

Altuzarra's mother, Karen, is a former investment banker and acts as the label's CEO, but she is quick to note that the designer can keep up when talk turns to balance sheets: “When I tell him we’re doing cash-flow projections, he knows what I’m talking about.”

But Altuzarra has had his setbacks — he was considered the favorite last November for the CFDA/Vogue Fashion Fund award, but it instead went to Billy Reid. “I was sad,” Altuzarra recalled. “But I learned from the experience.” He now knows he might not always be the favorite: “I’m comfortable with the idea that I’m the flavor of the moment and that in a couple of years people might not think I’m cool anymore.”

But that doesn't mean that words don't affect him. “I don’t read blogs anymore,” the designer noted. “[They] can be really cruel. Do I want to read, ‘I don’t get the hype about this guy,’ or, ‘This is the ugliest collection I have ever seen?' For me to say I don’t care would be hypocritical. I do care.”