Beautycon's problems continue to mount:
Author:Dara PrantPublish date:May 11, 2020These are the stories making headlines in fashion on Monday. According to CNBC, J.C. Penney is in talks to secure financing for bankruptcy as soon as next week after skipping a $12 million interest payment on April 15. The Covid-19 pandemic has put a strain on several apparel companies, but the Texas-based retailer was already in a weak spot having reported a significant decline in sales last year.
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