MUTUAL INVESTORS: Lawrence Stroll may have stepped down as co-chairman and a director of Tommy Hilfiger, but he still owns a piece of the company. Likewise, Tommy Hilfiger still has an interest in Asprey & Garrard, the London-based luxury jewelers. "Joel [Horowitz, chief executive officer of Tommy Hilfiger] and I are partners in Asprey, as well," said Hilfiger on Wednesday. Hilfiger said he and Stroll remain good friends, and their families are vacationing together later this month. As reported, Stroll’s main reason for stepping down from Hilfiger was to devote more time to building Asprey & Garrard. However, a few sources believe Stroll could be setting himself up to acquire a competing company to Hilfiger some day.

HAS THE LUBBE GONE?: Has Sandor Lubbe been driven out of Dutch magazine? Rumors are flying on both sides of the Atlantic that Lubbe, the editor in chief and publisher of Dutch, has pushed his partners at Audax Media a step too far. Sources in London said Lubbe has been spending a lot of time — and company money — promoting Berlin, his new fashion, lifestyle and celebrity magazine. "He’s basically spending money that isn’t his on the new project," alleged one source. Another source claimed Lubbe has been having "ongoing difficulties" with Audax about the Berlin project. A spokeswoman for the Netherlands-based Audax Media, which owns Dutch with Lubbe, said she "knew nothing" about reports that Lubbe had left Dutch, and that it was business as usual at the magazine. Lubbe did not return phone calls on Wednesday.

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