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It's been almost 2 years since we broke the news thatTom Ford might be the next designer to join up with high street retailer H&M, and after A LOT of gossip and speculation, the man himself has spoken up. According to Grazia, Tom spoke about the persistant rumours with Fern Mallis in New York on Tuesday night. "I keep reading that, and I find that amusing. I've never had a conversation with H&M. I'm really happy doing what I do... What excites me now is the very best: the best stitching, the best fabric, the best quality. And unfortunately, or fortunately, that does tend to cost money."

Unless that's one hell of a curve ball, it sounds as though a Tom Ford/H&M collaboration won't be on the cards any time soon, though it's not something the he should write off completely - the previous designer collaborations with H&M have been extremely successful for both brands involved, selling out almost immediately! Perhaps Lanvin, Comme des Garçons, Matthew Williamson, Marni, Donatella Versace and Anna Dello Russo can change Toms mind...

Are there any designers in particular you'd love to see team up with H&M? Let us know in the comments!