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After a decade of creating luxury sweaters and knitwear, as well as countless celebrity collaborations, Lutz & Patmos is closing its doors at the end of this year. Tina Lutz and Marcia Patmos founded their business ten years ago after meeting while working at Barneys New York. According to WWD, "Their parting is said to be more personally motivated than financially. Going forward, each is eager to pursue new opportunities." [WWD]