JCPenney Combines With Aéropostale Owner in Merger of Mall Darlings
JCPenney is combining with the owner of fellow shopping mall staples Aéropostale and Lucky Brand after a merger of two brand portfolios in an all-equity transaction Wednesday.
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 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.
Lucky, Forever 21 Operator Merges With JCPenney
Sparc Group, the operator of fashion brands including Lucky, Eddie Bauer, Aeropostale, Forever 21 and Brooks Brothers, has merged with JCPenney to form a new company called Catalyst Brands, according to a release Wednesday afternoon.
JCPenney merging with Aeropostale, Nautica operator to form a new company based in Plano
JCPenney is merging with a retail company with household names to form a new one based in Plano. The longtime local retailer and Sparc Group announced they have combined to form Catalyst Brands and will cover several brands: Aéropostale,
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,
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Walgreens shares soar 20% on reported talks to sell itself to Sycamore Partners
Walgreens Boots Alliance and Sycamore Partners – a buyout firm whose past acquisitions include Staples, Talbots and Aeropostale ... to explore a possible sale of the UK pharmacy chain.
JCPenney Joins SPARC to Form Catalyst Brands
The new company, which is exploring its strategic options for Forever 21, is being led by Marc Rosen and expects to grow the ...