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JCPenney, Aéropostale
JCPenney Combines With Aéropostale Owner in Merger of Mall Darlings
Key Takeaways JCPenney has agreed to merge with SPARC Group, which owns brands including Aéropostale, Brooks Brothers, and Lucky Brand.The combined company, Catalyst Brands, has a combined $9 billion in annual revenue and 1,
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 parent company of Forever 21, Aéropostale
JCPenney announced Thursday the company merged with SPARC Group, to form a larger retail organization called Catalyst Brands.
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.
Department store JCPenney merges with Sparc Group
The department store chain is teaming up with the Sparc Group in an all-equity merger to form Catalyst Brands, the Wall Street Journal reported. The company will be led by Marc Rosen, who most recently served as the chief executive officer of JCPenney. It will be based in Plano, Texas, where JCPenney is headquartered.
Catalyst Brands: JC Penney merges with struggling clothing brands to form new company
JC Penney, the 123-year-old department store chain, is merging with SPARC Group, a company that owns several struggling clothing brands, including Aeropostale, Brooks Brothers, and Forever 21. This partnership will create a new company named Catalyst Brands.
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 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 Merge To Form Catalyst Brands
Department store chain JCPenney announced that it has merged with SPARC Group, a full-service retail enterprise operating
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.
JCPenney and store operator merge to create apparel behemoth Catalyst
JCPenney and retail store operator Sparc are merging to form a U.S. retailing behemoth called Catalyst Brands. Why it matters: The new company's owners comprise a consortium of so
2h
on MSN
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 ...
17h
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 ...
5h
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 ...
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