Catalyst Brands news and archive

Eddie Bauer store operator reportedly set to file for bankruptcy, affecting 200 stores in US

Eddie Bauer is said to be preparing to file for bankruptcy and shut down its 200 North American stores, according to sources at WWD. The outdoor brand’s store operations are owned by Catalyst Brands under license from brand owner Authentic Brands Group, which would indicate that the broader Catalyst Brands business would not be affected. The...

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Michael Fernandez to lead wholesale operations at Catalyst Brands

Catalyst Brands, the company formed by the combination of JCPenney and the former SPARC Group, has named Michael Fernandez as its new chief wholesale and business development officer. In this role, Fernandez will oversee all of the company's wholesale operations, both domestically and internationally, as well as business-to-business and...

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Business

JCPenney and Sparc Group merge portfolios to form Catalyst Brands

JCPenney and Sparc Group have merged to form a new organization, Catalyst Brands, creating a portfolio of six retail banners. The combined group was formed in an all-equity transaction between JCPenney and Sparc Group, with shareholders Simon Property Group, Brookfield Corporation, Authentic Brands Group and Shein. The company said in a release...