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BRIEF-J C Penney Co spokeswoman- no intention of discontinuing relationship with Welspun

Oct 3 J C Penney Co Inc

* Says no intention of discontinuing relationship with welspun, offering refund on certain Royal Velvet items made by Welspun

* Spokeswoman - Welspun unable to provide assurances needed to confirm that 100 percent of cotton fibers used were Egyptian grown Further company coverage:

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