Phillip Lim found inspiration in not one, but two art shows he saw this summer: the Guy Bourdin exhibition in London, curated by the Wapping Project — hence the fierce lipstick-red jacket-and-pants opener — and “Picasso: Mosqueteros” at New York’s Gagosian Gallery. The latter influenced Lim most, as he took on the artist’s collage motif for a slightly deconstructed, patchwork-prominent lineup. But don’t expect any Picasso-esque literalism chez Lim. “I don’t want people to walk around wearing art,” said the designer, whose collections never stray from commercially savvy terrain. Here, the Cubist touch came in spliced party frocks — tiered and pleated lace and organza hybrids — while Picasso’s more primitive inclinations were reflected in pretty croc-embroidered tops and dresses. But for all the terrific items and top-notch tailoring, one couldn’t shake the feeling that we’d been there, done that, as some in the audience noted whiffs of Rodarte and Prada.