Right withing the Holidays....

So its going down!! J.C. Penney pulled a Russell Simmons menswear line after the media mogul was accused by two women of sexual misconduct.

"The company decided to discontinue selling Argyleculture in light of the recent allegations," a spokeswoman says.

Simmons, co-founder of hip-hop record label Def Jam Recordings, said on Thursday that he would step down from his companies after a second woman—screenwriter Jenny Lumet—accused him of sexual misconduct, according to the Associated Press.