Nancy caught up with the Les Miserables star after the Motion Picture Academy's Nominees Luncheon, where he named Tom Ford as the designer he'll be wearing on the Oscars red carpet.
"I'm one of those guys who when people say, 'Sir, would you like to taste the wine?' I say, 'Oh, it's amazing!' and it could be six dollars," said Hugh, fashioning himself as a man of simpler tastes. "And I'm kind of the same with tuxedoes, but with Tom -- I just know him as a person and everything I wear of his feels good."
Nancy was quick to point out Hugh's model physique that probably doesn't hurt in helping make the clothes look good.
"Way too much hair on my body for a runway," Hugh nervously joked while blushing. "They're all hairless."
During today's Oscar luncheon, Hugh congregated with other nominees, which included newcomer Quvenzahane Wallis, Anne Hathaway, Bradley Cooper, Ben Affleck, Denzel Washington, Jessica Chastain, Daniel Day-Lewis, Joaquin Phoenix and more.
"This is one I'll always remember," said Hugh. "You take in the history of it and you take in the enormity of the moment and everyone is standing there and squishing in, and it kind of felt like being back at school all at the same time."
Click the video to see Hugh's quick one-on-one with an inquisitive fan.