Photo: Imaxtree

Only Céline, the brand that has, in just two years, had a ripple effect on style across the globe, could get away with canceling its Paris runway show at such a young age and still be the most exciting collection in Europe. LVMH announced today that staging a show next month is out of the question; designer Phoebe Philo is pregnant with her third child.  The compnay’s CEO told WWD, “A runway show is a very demanding and personal engagement for a creative director. The objective is to simplify.” Instead, they’ll stage a presentation somewhere in Paris during their time slot (March 4, 1PM).  We’re guessing this means a bash in honor of Céline’s new Madison Avenue store, opening within a month, is absolutely out of the question.