J.Crew launches affordable clothing line amid sales woes

J.Crew launches affordable clothing line amid sales woes – CBS News


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The clothing retail giant is launching J.Crew Mercantile featuring styles once only found at J.Crew Factory stores. The company laid off nearly 200 people last month, as it fights a sales slump. CBS News financial contributor Mellody Hobson joins to “CBS This Morning” to discuss J.Crew’s new campaign and her chat with the company’s CEO.

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