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 and store operator merge to create apparel behemoth Catalyst
Zoom in: Catalyst was formed via an all-equity transaction between the department store chain JCPenney and Sparc Group's shareholders Simon Property Group, Brookfield Corporation, Authentic Brands Group and Shein. JCPenney CEO Marc Rosen will lead the new Plano, Texas-based entity.
JCPenney merges with parent of Brooks Brothers, Eddie Bauer
The joint venture brings together Sparc Group’s Aeropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica with JCPenney.
JCPenney merging with Aeropostale, Nautica operator to form a new company based in Plano
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.
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 Brooks Brothers, Aeropostale Owner To Create 1,800-Store Giant
Sparc was formed in 2016 by Simon, Brookfield and Authentic Brands Group, and fast fashion retailer Shein was brought in as a minority owner in 2023.
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, Aéropostale owner merge to form Catalyst Brands
JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has merged with SPARC Group to form a new company called Catalyst Brands. The joint venture will house SPARC's brands Aéropostale,
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, 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,
JCPenney reveals mega-merger with parent co. of Brooks Brothers, Nautica
The joint venture brings together Sparc Group’s Aeropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica with ...
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 ...
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 ...
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 ...