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... [read full story]                    

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