JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
Michelle Wlazlo, formerly JCPenney’s chief merchandising and supply chain officer, will serve as that brand’s CEO. Natalie Levy will oversee Aeropostale, Lucky Brand and Nautica, and Ken Ohashi will ...
JCPenney has agreed to merge with SPARC Group, which owns brands including Aéropostale, Brooks Brothers, and Lucky Brand. The combined company, Catalyst Brands, has a combined $9 billion in ...
According to the press release, the merger creates “an unmatched portfolio of six iconic retail banners that celebrate the essence of American style.” JCPenney filed for bankruptcy at the ...