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including JCPenney’s acquisition of the operator’s parent Sparc Group. The acquisition “joined and obligated” Forever 21 and certain affiliates to pay JCPenney’s existing debt ...
The brand management firm quietly took full ownership of the retailer's trademarks and intellectual property licenses some ...
That group partnered with Shein in 2023 as Forever 21 attempted to solve some of its operational issues. US retail group JC Penney acquired Sparc in December to form Catalyst Brands, in a deal ...
In early January, Forever 21’s parent company, Sparc Group, merged with JCPenney to form Catalyst Brands, a new entity that also includes brands like Aéropostale, Brooks Brothers, Eddie Bauer ...
Amid a recent merger with JCPenney, Forever 21 parent company SPARC Group said it was exploring “strategic options” for Forever 21 before filing for bankruptcy as it was “unable to find a su ...
The Associated Press - Business News on MSN1mon
Forever No More. Operator of mall staple Forever 21 files for bankruptcy protectionForever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, ...
Authentic Brands Group - a member of the SPARC Group and the owner of Forever 21's intellectual property - has said it may re-license the IP, a move that could keep the Forever 21 brand alive in the U ...
Sparc, which operated Forever 21, Aeropostale and other fashion brands, announced in January that it had merged with JCPenney to form a new company, Catalyst Brands. Forever 21’s intellectual property ...
A consortium of the three companies, dubbed Sparc Group, acquired Forever 21 during its last bankruptcy in 2020. That included all of Forever 21’s trademarks, intellectual property and ...
That group partnered with Shein in 2023 as Forever 21 attempted to solve some of its operational issues. US retail group JC Penney acquired Sparc in December to form Catalyst Brands, in a deal which ...
Forever 21 customers must use gift cards and store credit by the end of Tuesday as the retailer winds down its U.S.
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