Fashion: Karl Comes to Conquer

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"I felt like the time was right for me to be in America," Lagerfeld says. He has launched himself in the U.S. with characteristic gusto: setting up shop in the same loft building as Martha Stewart's office in New York City's Chelsea neighborhood, purchasing an apartment near Gramercy Park and hiring a team of designers headed by the stylist Melanie Ward, a former creative director for Helmut Lang. And the collection is all about Lagerfeld, from his signature on one T shirt to the photo of the designer as a young man on another. In a first for the fashion industry, Apple will offer a video podcast of Lagerfeld's show on iTunes.

But perhaps most auspicious of all, Europe's fashion prince has been asked to pay a visit to America's kingmaker. That's right, he's going on Oprah.

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