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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.
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.
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.
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 million.
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 merging with Aeropostale, Nautica operator to form a new company based in Texas
JCPenney is merging with a retail company with household names to form a new one based in Plano, Texas. The longtime local retailer and Sparc Group announced they have combined to form Catalyst Brands and will cover several brands: Aéropostale,
3h
on MSN
Brooks Brothers, JCPenney, Forever 21 owner launch new venture in Texas
Known as Catalyst Brands, the new company includes Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, Nautica and ...
12h
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 ...
1d
on MSN
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 ...
9h
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 ...
7h
JCPenney merges with parent of Seattle-based Eddie Bauer
Department store chain JCPenney has merged with Sparc Group LLC to create a new firm that includes Seattle-based Eddie Bauer ...
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