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JCPenney, SPARC Group and Catalyst Brands
JCPenney merges with Forever 21's parent company Sparc Group to create new entity
Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.
JCPenney, SPARC Group Unite To Create Catalyst Brands
JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in popularity across the U.S. The 123-year-old department store chain and SPARC Group have combined to form Catalyst Brands,
SPARC Group Has Merged With JCPenney to Form Catalyst Brands
JCPenney and SPARC Group today announced that they have combined to form a new organization, Catalyst Brands, creating an unmatched portfolio of six iconic retail banners that celebrate the essence of American style.
JCPenney merging with Aeropostale, Nautica operator to form new company
The longtime local retailer and Sparc Group announced they have combined to form Catalyst Brands and will cover several brands: Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica with JCPenney and its exclusive private brands, including Stafford, Arizona and Liz Claiborne.
JC Penny merges with Aéropostale, Nautica owner to form retail giant
Popular fashion retailer JC Penny has merged with SPARC Group — the owner of iconic brands Aéropostale, Eddie Bauer, Nautica and more — to form new retail conglomerate, Catalyst Brands. “Catalyst Brands brings together the rich heritage of six unique brands with modern energy and a new vision for success,“ the companies said in a joint statement.
JCPenney merges with Sparc Group
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and JCPenney gets yet another lifeline.
JCPenney merges with SPARC Group, forms Plano-based Catalyst Brands
The transaction was announced Jan. 8 with the new company launching with $9 billion in revenue, 1,800 stores and 60,000 employees.
JCPenney merges with owner of Aéropostale
JCPenney has merged with the owner of several retail brands to create a brand new company. On Jan. 8, JCPenney merged with SPARC Group, the owner of the following companies: Through the merger, JCPenney and SPARC Group created Catalyst Brands.
JCPenney Merges with Aéropostale Owner to Form Catalyst Brands
The department store chain said that the all-equity merger brings its banner and various exclusive private brands under the same umbrella as Sparc’s portfolio, which includes Eddie Bauer, Lucky Brand and Nautica.
2h
on MSN
JCPenney Combines With Aéropostale Owner in Merger of Mall Darlings
JCPenney is combining with the owner of fellow shopping mall staples Aéropostale and Lucky Brand after a merger of two brand ...
2h
Lucky, Forever 21 operator merges with JCPenney
JCPenney filed for bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management for $800 ...
Retail Dive
4h
J.C. Penney, Brooks Brothers operator join forces as ‘Catalyst Brands’
The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall ...
shoppingcenterbusiness
1h
JCPenney, SPARC Merge to Form Catalyst Brands
JCPenney and SPARC Group have announced plans to merge, forming Catalyst Brands. Catalyst Brands launches with 1,800 store ...
Hosted on MSN
5h
123-Year-Old Department Store To Merge With Forever 21 Owner
JCPenney has merged with Sparc Group, the owner of several well-known brands, including Forever 21, to create a new company ...
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JCPenney
United States
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Forever 21
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