Fortune's second annual Luxury Portfolio features the moguls, merchants and master craftsmen who are defining the business of luxury. (
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J.Crew's CEO says this is the worst retail environment he's seen in 40 years. His strategy? Launch a new, upscale brand called Madewell. (
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The $270 billion luxury business thought it was recession-proof. But its growth is slowing, and anxiety is higher than a pair of Jimmy Choo pumps. (
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