Fashion Roundup: Burberry CEO Says Stay Strong; Katie Holmes Already Has Comme des Garcons for H&M; Hugo Boss’s New Store

Katie Holmes already has the Comme des Garcons line for H&M, even though it doesn’t get released in stores until Nov. 13. [The Cut]

Burberry‘s CEO on the economy: “We could turn off everything right now, but we’re not going to. This is the sort of time when leaders are born and made, and we will micromanage this business to stay on top. We are absolutely going to stay the course.” [Vogue UK]

Former CEO of Macy’s East Hal Kahn has come out of retirement to become the new CEO of Steve and Barry’s. [WWD]

Designer Adam Lippes was scheduled to speak at Saks Fifth Avenue on Wednesday night as part of the Business of Fashion panel, but never showed. The rumor was that Mr. Lippes pulled out at the last minute after Saks reportedly dropped his line, but his rep said the company pulled the line from Saks in order to focus on its “strongest wholesale partnerships.” [WWD]

Hugo Boss will open a new concept store in the meatpacking district next week. [FWD]