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,
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 ), Brookfield ( NYSE: BAM ), Authentic Brands and Shein. Financial terms were not disclosed.
JCPenney and Sparc Group Merge to Launch $9 Billion Catalyst Brands, Anchoring Operations in Plano, Texas
JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
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 popularity across the U.S.The 123-year-old department store chain and SPARC Group have combined to form Catalyst
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 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 JCPenney.
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 ...
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 ...
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 ...
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 ...
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JCPenney, SPARC Group unite to establish Catalyst Brands
Catalyst Brands combines SPARC Group's Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica with JCPenney and ...
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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JCPenney Merges with Aéropostale Owner to Form Catalyst Brands
JCPenney has merged with Sparc Group, the owner of brands including Aéropostale and Brooks Brothers, to form a new apparel powerhouse called Catalyst Brands. The department store chain said ...