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* J. Crew Group Inc., a closely held casual fashion retailer, said fourth-quarter profit fell 61% as sales of sweaters and jackets declined. Net income fell to $6.7million as sales fell 14% to $246.7 million.
* Texas Pacific Group, a private-equity company specializing in the airline industry, agreed to buy Swissair Group’s Gate Gourmet catering business for an undisclosed amount.
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