penney pinching

JCPenney to Carry MNG by Mango Next Fall

By next fall, you’ll be able to buy MNG by Mango at JCPenney. The retailer announced plans to sell the Spain-based line in 75 stores and online starting in fall 2010, and to expand to all 600 stores by the following year, which widens the buyer base from the twelve stand-alone outlets Mango operates in the U.S. right now. Perhaps this is just another part of the JCPenney master plan to become more fashionable and less “middle America,” as the retailer also recently announced it will exclusively sell the Liz Claiborne line next season and the Olsen Twins’ Olsenboye collection in 2010. And Penney’s could use something like this to boost profits, which dropped 78 percent in the third quarter of this year.

JCPenney to Bring Mango’s European Runway Fast Fashion at Affordable Prices to JCPenney Customers [Official site]

JCPenney to Carry MNG by Mango Next Fall