Must Read: Coachella Spurs Beauty Business, Gwyneth Paltrow Covers 'Self'

Plus, JC Penney will roll out in-store shops for plus-size customers in May.
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Festive Coachella goers spend significant money on beauty looks. Photo: Frazer Harrison/Getty Images

Festive Coachella goers spend significant money on beauty looks. Photo: Frazer Harrison/Getty Images

These are the stories making headlines in fashion this Tuesday.

LVMH shares fall 3.4 percent
Luxury conglomerate LVMH saw shares fall 3.4 percent after posting first quarter sales that were below forecasts. During a conference call on Tuesday with analysts, CFO Jean-Jacques Guiony explained that the newly shuttered DKNY Jeans and Marc by Marc lines weighed down sales and will continue to do so for the rest of the year. “I don't think we'll see a marked improvement until 2017 anyways,” he said. {Reuters and WWD}

Gwyneth Paltrow gets confessional on the cover of Self
Gwyneth Paltrow talks Goop, motherhood, balance, Tracy Anderson and sex in the new May issue of Self. "How is an intelligent woman a sexual being?" she says. "It's really hard to integrate those things... Like, 'Gwyneth has sex? Really?' It doesn’t seem to go together. But I think it's important, as mothers and as women contributing to society in whatever way we each are, that our true sexuality doesn’t get lost or put aside." {Self}

JC Penney's to launch plus-size line and in-store shops
In tandem with the debut of a new plus-size clothing line, Boutique+, JC Penney will roll out in-store shops for that market starting May 1 at 200 retail locations. "The Boutique" will carry sportswear, activewear, denim, handbags and more from brands such as Liz Claiborne and Bisou Bisou, in addition to Boutique+. JC Penney has also hired Ashley Nell Tipton (the season 14 winner of "Project Runway") as the Boutique+ brand ambassador. She will design two capsule collections starting this fall. {WWD}

The beauty business is cashing in on Coachella too
In addition to shelling out big bucks on the latest festival styleCoachella prep now includes spending major money on beauty services, too. (Sigh.) Festival-goers flock to services like spray tanning ("What goes with the really, cool ethereal hippie fashion is a really deep bronze") and waxing. Cosmetics brands are taking notice: Kylie Jenner will release three metallic metal lipsticks for the festival and NYX Cosmetics will partner with Nylon on a kickoff party. {WWD}

PacSun receives approval to use $62.5 million from judge
PacSun, which filed for Chapter 11 bankruptcy protection on Thursday in Delaware, received the approval from a bankruptcy court judge on Friday to use up to $62.5 million of the debtor-in-possession credit from Wells Fargo. (On Thursday, Wells Fargo had agreed to a debtor-in-possession credit of up to $100 million.) {WWD}

A Jeremy Scott retrospective will open in Dallas in 2017
The Dallas Contemporary will host a retrospective on Jeremy Scott in 2017. The museum, which boasts 26,000 square feet, will dedicate an exhibit to the designer featuring items from Scott's entire career in fashion. It will coincide with his namesake label's 20th anniversary. {WWD}

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