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 ...
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 ...