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The reaction of the fashion world ranged from shock to outrage. jcpenney? yes, jcpenney, that nationwide middle-class retailer that offers clothes right off the rack, has landed a very big designer. would you expect to find a designer like halston in here? not halston in jcpenney. obviously we re very excited about it. we think it is a catch. jcpenney is trying to trade up. but they re not quite going to change their name to jc penier or jc penoit. i believe i like americans to look good. i m an american designer and i love the opportunity to do it. it s a first between a department store chain and a major designer with the clothes expected to be on the racks in the fall of 83. this is called halston 3. this is called halston 3. why? it s really the third stage of my career, the first being in the milnery business and in ....