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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.
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
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 brands in its portfolio while producing cost savings.
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 Mark Rosen will lead the new Plano, Texas-based entity.
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, 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,
1h
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 ...
19h
Lucky, Forever 21 Operator Merges With JCPenney
Sparc Group, the operator of fashion brands including Lucky, Eddie Bauer, Aeropostale, Forever 21 and Brooks Brothers, has ...
7h
on MSN
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 ...
Retail TouchPoints
3h
JCPenney Joins SPARC Group to Form Catalyst Brands
JCPenney and SPARC Group, which holds a portfolio of brands including Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand ...
sgbonline
4h
JCPenney merges with Sparc Group to Form Catalyst Brands
Catalyst Brands combines Sparc Group brands Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica with JCPenney ...
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