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.
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 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, 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
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,
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 gets another shot at redemption
JCPenney (JCPNQ) , the once venerable department store chain, is teaming up with Sparc Group, which owns Forever 21 and ...
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 ...
A zombie mall store king is born: JCPenney merges with Forever 21 owner
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...
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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 ...
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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 ...
JCPenney hires agency Mischief, seeking bigger creative swings
Disruptor shop Mischief is tasked with developing a new creative platform and delivering bold marketing for the department ...
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Torrington buys JCPenney, eyes redevelopment of Mall at Fox Run, Newington shopping plaza
Torrington making big plans to redevelop Mall at Fox Run and Newington Park after purchase of JCPenney space gives it control ...
JCPenney, Aéropostale owner merge to form Catalyst Brands
Catalyst Brands was formed in an all-equity deal between JCPenney and SPARC, with shareholders Simon Property ( NYSE: SPG ), ...