A Movement To Reform Fashion
JCPenney has not agreed to #PayUp
5-15-21 – JCPenney files for bankruptcy, leaving suppliers and garment workers to whom the company still owes millions of dollars in the lurch and at risk of financial destitution, but not before paying out CEO Jill Soltau $4.5 million in executive bonuses. Garment factories are typically considered unsecured creditors and rarely get paid back in bankruptcy proceedings or only get a minimal amount.
3-31-20 – JCPenney cancels $23 million worth of orders in Bangladesh and an estimated quarter billion dollars globally, leaving suppliers in the lurch and garment workers at risk of layoffs and starvation.