Brooks Brothers, JCPenney, Forever 21 owner launch new venture in Texas
Known as Catalyst Brands, the new company includes Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, Nautica and JCPenney. The joint venture was formed in an all-equity transaction between JCPenney and Sparc Group, with shareholders Simon Property Group, Brookfield Corporation, Authentic Brands and fast fashion company Shein.
Mall Brand Merger: JCPenney Unites With Forever 21, Aeropostale, Brooks Brothers Operator
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
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 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, Forever 21 owner launch new venture in Texas
Retailers are banding together for a massive operation based out of Texas that will see JCPenney merge with the parent company of Forever 21. Known as Catalyst Brands, the new company includes Aéropostale,
Lucky, Eddie Bauer, Forever 21 Operator Merges With JCPenney
Sparc Group, the operator of fashion brands including Lucky, Eddie Bauer, Aeropostale, Forever 21 and Brooks Brothers, has merged with JCPenney to form a new company called Catalyst Brands, according to a release Wednesday afternoon.
JCPenney reveals mega-merger with parent of Brooks Brothers, Nautica
The joint venture brings together Sparc Group’s Aeropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica with JCPenney.
Seattle-based Eddie Bauer’s parent company merges with JCPenney
Eddie Bauer and a handful of other brands are under the same umbrella as JCPenney after a merger between retail groups.
JCPenney merges with parent company of Forever 21, Aéropostale
JCPenney announced Thursday the company merged with SPARC Group, to form a larger retail organization called Catalyst Brands.
JCPenney merging with Aeropostale, Nautica operator to form new company
JCPenney is merging with a retail company with household names to form a new one based in Plano, Texas. The longtime local retailer and Sparc Group announced they have combined to form Catalyst Brands and will cover several brands: Aéropostale,
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 ...
A zombie mall store king is born: JCPenney merges with Forever 21 owner
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...
ABC Columbia13h
JCPenny merging with Forever 21
(CNN)– A few years after filing for bankruptcy, JCPenny is hoping to make lots of J.C. dollars. That’s why the 123-year-old department store chain is merging with “Sparc Group”, a company that owns ...
D Magazine13h
JCPenney and SPARC Group Merge, Rebrand as Catalyst Brands
Plus: Trinity Hunt Partners sells forensic expert witness firm Aperture, Rogers Healy’s VC fund invests to bring Foxtrot ...
JCPenney Joins SPARC to Form Catalyst Brands
The new company, which is exploring its strategic options for Forever 21, is being led by Marc Rosen and expects to grow the ...
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 ...