// Workers AI · dad joke modeWhat did Catalyst Brands say to the reaction? You're a great bond.
| Predecessor | JCPenney Sparc Group |
|---|---|
| Founded | 2025 |
| Headquarters | , United States |
| Parent | Brookfield Corporation (50%) Simon Property Group (50%) |
| Subsidiaries | JCPenney Brooks Brothers Lucky Brand Jeans Nautica Aéropostale |
| Website | catalystbrands |
Catalyst Brands LLC is a company that was formed in 2025 by the merger of Sparc Group and JCPenney.[1][2]
The company has a close relationship with Authentic Brands Group. In some business arrangements, the brand name, logo, trade dress, design patents, and other intellectual property are owned or co-owned by Authentic Brands Group while the business operations are conducted through a licensing arrangement with Catalyst Brands. For example, for the Eddie Bauer brand, the store operations were licensed to Catalyst Brands. Catalyst's Eddi Bauer subsidiary filed for Chapter 11 bankruptcy after Authentic Brands chose a different company for the brand's e-commerce operations.[3][4][5]
Copper Retail JV LLC is a business entity formed by and under the control of Simon Property Group and Brookfield Property Partners, and Copper Bidco LLC.[6] In December 2024, Copper Retail JV acquired 100% of the outstanding equity of Sparc Group Holdings. The acquisition brought together Copper's existing investment in department store icon JCPenney and the newly acquired operations of specialty retail brands Aéropostale, Brooks Brothers, Lucky Brand Jeans, and Nautica.[7][8][9][10]
Marc Rosen, former CEO of JCPenney, leads Catalyst Brands.[11][12]
In January 2026, it was reported that Eddie Bauer was preparing to file for Chapter 11 bankruptcy for the third time, as well as the liquidation and permanent closure of all of its nearly 200 stores nationwide. The company's manufacturing, e-commerce, and wholesale operations are not expected to be affected by the potential bankruptcy filing, and will continue to remain operational as the licensee transfers to a new owner, Eddie Bauer Outdoor 5, LLC. The bankruptcy filing is expected to only include Eddie Bauer and no other subsidiaries of Catalyst Brands.[13]
Brands
[edit]| Name | Year
acquired |
Year
founded |
|---|---|---|
| Aéropostale (purchased by a group of companies including Authentic Brands Group in 2016) | 2025 | 1987 |
| Brooks Brothers (together with Authentic Brands Group) | 1818 | |
| Eddie Bauer (together with Authentic Brands Group) | 1920 | |
| JCPenney (together with Authentic Brands Group) | 1902 | |
| Lucky Brand Jeans (together with Authentic Brands Group) | 1990 | |
| Nautica (owned by Authentic Brands Group, produced by Catalyst) | 1983 |
See also
[edit]References
[edit]- ↑ JCPenney Joins SPARC to Form Catalyst Brands Women’s Wear Daily, David Moin, January 8, 2025
- ↑ JCPenney, Sparc Group Merge To Form Catalyst Brands Nasdaq, January 9, 2025
- ↑ Howland, Daphne (May 20, 2026). "Authentic Brands Group has a new CEO, but Jamie Salter is sticking around". Retail Dive.
- ↑ Howland, Daphne (February 2, 2026). "Most US Eddie Bauer stores likely to close as operator preps bankruptcy". Retail Dive.
- ↑ Dreier, Natalie (March 17, 2026). "Nearly 200 Eddie Bauer stores expected to close". kiro7.
- ↑ "Form 8-K". United States Securities and Exchange Commission. November 10, 2020.
- ↑ Ronalds-Hannon, Eliza; Basu, Reshmi (January 8, 2025). "Lucky, Forever 21 Operator Merges With JCPenney". Bloomberg.
- ↑ Limehouse, Jonathan (9 January 2025). "JCPenney merges with Forever 21's parent company Sparc Group to create new entity". USA TODAY.
- ↑ "A zombie mall store king is born: JCPenney merging with new owner to create new company". MSN. East Idaho News.
- ↑ Musumeci, Natalie (March 16, 2026). "Eddie Bauer's nearly 200 stores in the US and Canada are expected to close after a failed sale effort". Business Insider.
- ↑ Valinsky, Jordan (2025-01-09). "A zombie mall store king is born: JCPenney merges with Forever 21 owner". CNN. Retrieved 2026-06-17.
- ↑ "SPARC Group Has Merged With JCPenney to Form Catalyst Brands" (Press release). January 8, 2025 – via Business Wire.
- ↑ Palmieri, Jean (2026-01-29). "Eddie Bauer Store Operator Expected to File Bankruptcy". WWD. Retrieved 2026-01-29.
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