I think the 'HIPsters' and 'hipsters' are two very different things, lol.
I think the 'hipster you are referring to are hiphuggers.
...would be her most famous Gucci look by Tom Ford. The ad featured Amber in actual velvet low-rise hiphugger pants. Also, Gwyneth wore the famous burgundy velvet tux designed by Tom, and images can be found in his website - the editorial advertising, not with Gwyn in them.
source:
http://www.monstersandcritics.com