The new company, which is exploring its strategic options for Forever 21, is being led by Marc Rosen and expects to grow the brands in its portfolio while producing cost savings.
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 Brothers, ...
JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
The department store chain is teaming up with the Sparc Group in an all-equity merger to form Catalyst Brands, the Wall Street Journal reported. The company will be led by Marc Rosen, who most ...
The 650-location department store chain has joined forces with the company behind names such as Eddie Bauer and Aéropostale ...
Meanwhile, Sparc Group, which is also financially backed by Simon, has grown its portfolio of brands that have exited bankruptcy and are in the midst of being revitalized. Combining JCPenney and the ...
JCPenney showed a profit in its fiscal 2023, but by the third quarter of 2024, it had slipped back into the red. Now new life ...
The collaboration brings a spunky take on fashion, with an emphasis on petites, to the family-oriented department store.
The longtime local retailer and Sparc Group announced they have combined to form Catalyst Brands and will cover several ...
Both JCPenney locations in Albuquerque are among more than a hundred stores that are up for sale as a part of the retailer's ...
The JCPenney stores at the Coronado Center and Cottonwood Mall are included in a portfolio of 121 JCPenney stores that hit ...
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 ...