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Morning Hemlines: Sander, LVMH, J. Crew, Vogue India, Michelle Obama external link

Conde Nast Portfolio | by Sara Clemence | Tue, Sep 2

LVMH is getting into the water, buying Dutch custom yacht maker Royal van Lent from investment firm Egeria. (WWD)

J. Crew's second-quarter profits were down 12.2 percent. Mickey Drexler says the new men's store in New York has been "very well received." (DNR)

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