Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company ...
The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.
JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...
This partnership will create a new company named Catalyst Brands. Analysts said the combination of these clothing stores will likely benefit from cross-marketing, cost reduction, and talent sharing.
JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has ...
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The joint venture brings together Sparc Group’s Aeropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica with ...
The department store chain said that the all-equity merger brings its banner and various exclusive private brands under the ...
Catalyst Brands launches with more than $9 billion of revenue, 1,800 locations, 60,000 employees and $1 billion of liquidity, according to the announcement. The portfolio company was formed in an ...
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 ...