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Fashion Inc.

by Sara Clemence
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Sep 02 2008 10:03am EDT

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

Jil Sander will change hands again, with Change Capital Partners saying it will sell the company for $244 million to Onward Holdings. (WWD)

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)

A Vogue India spread--think toothless man plus Burberry umbrella--is being criticized as insensitive. (NY Times)

Want more than Thakoon? The Guardian has a slide show of Michelle Obama's style.

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