The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall REITs Simon and Brookfield.
JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in ...
The longtime local retailer and Sparc Group announced they have combined to form Catalyst Brands and will cover several ...
The department store chain said that the all-equity merger brings its banner and various exclusive private brands under the ...
Catalyst Brands was formed in an all-equity deal between JCPenney and SPARC, with shareholders Simon Property ( NYSE: SPG ), ...
The transaction was announced Jan. 8 with the new company launching with $9 billion in revenue, 1,800 stores and 60,000 ...
JCPenney and SPARC Group, which holds a portfolio of brands including Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand ...
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...
Department store chain JCPenney announced that it has merged with SPARC Group, a full-service retail enterprise operating ...
Just yesterday, Sparc Group announced that it would acquire JCPenney and merge the store with its other brands, including ...