JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
The department store chain said that the all-equity merger brings its banner and various exclusive private brands under the ...
The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.
Catalyst Brands combines SPARC Group's Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica with JCPenney and ...
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JCPenney and SPARC Group today announced that they have combined to form a new organization, Catalyst Brands, creating an ...
The parent company of fashion retailer Forever 21 has merged with JCPenney to form a brand new company called Catalyst Brands. Sparc Group, which is also over the brands Aéropostale, Brooks ...
The transaction was announced Jan. 8 with the new company launching with $9 billion in revenue, 1,800 stores and 60,000 ...
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 ...
Department store chain JCPenney announced that it has merged with SPARC Group, a full-service retail enterprise operating ...
JCPenney and SPARC Group, which holds a portfolio of brands including Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand ...