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Oct 9 2008 9:25AM EDT

Morning Hemlines: Ballantyne, Luxury, Segal Beauty, Macy's, Bensimon

Macy's may lower its profit forecasts since J.C. Penney, Kohl's, and Nordstrom predicted declines yesterday. (Bloomberg)

Even the heads of luxury companies are pulling back. (WSJ)

Knitwear maker Ballantyne has sold controlling interest to Massimiliano Zegna Baruffa and Brooks Brothers. (DNR)

Photographer Gilles Bensimon may be in talks with Marie Claire. (Fashion Week Daily)

Fred Segal Beauty
in Santa Monica will close this week after 16 years. (WWD)

Nudity backstage at fashion shows is not hot. (NY Times)


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