Known as Catalyst Brands, the new company includes Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, Nautica and ...
JCPenney filed for bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management for $800 ...
Catalyst Brands combines SPARC Group's Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica with ...
(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 ...
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold significant sway over the ...
The new company, which is exploring its strategic options for Forever 21, is being led by Marc Rosen and expects to grow the ...
JCPenney and retail store operator Sparc are merging to form a U.S. retailing behemoth called Catalyst Brands. Why it matters ...