News

A committee of unsecured creditors to Forever 21 Inc.’s US operator said they are “aggressively investigating” all deals made ...
Forever 21’s locations outside of the United States are operated by other licensees and aren’t included in the filings.
Catalyst Brands recently launched as a joint venture including popular retailers such as Aéropostale, Brooks Brothers, Eddie ...
The latter is a unit of Catalyst Brands, which also runs JCPenney, Aeropostale, and Eddie Bauer, among other faded retailers. Forever 21, which at its height operated more than 500 locations in ...
The downsizing at Catalyst Brands comes less than two months after 250 corporate employees, or 5% of that workforce, were ...
In early January, Forever 21’s parent company, Sparc Group, merged with JCPenney to form Catalyst Brands, a new entity that also includes brands like Aéropostale, Brooks Brothers, Eddie Bauer ...
Out of the eight JCPenney closures planned for this year, one is in New Hampshire, located at the Mall at Fox Run in Newington. The store is set to close its doors in mid-2025. As of right now, there ...
Nautica and JCPenney. Absent from that list was Forever 21 and the companies said at that time that they were exploring strategic options for the business. However, the Forever 21 operating ...
The acquisition “joined and obligated” Forever 21 and certain affiliates to pay JCPenney’s existing debt, the committee alleged in a Thursday court filing. The Forever 21 operator filed ...
The U.S. company operating Forever 21 has filed for bankruptcy, marking the second time in six years for the retailer with 350 stores remaining nationwide.
an entity formed on Jan. 8 through the merger of Sparc and department store chain JCPenney, which has been owned since 2020 by mall operators and Simon Property Group. Forever 21’s locations ...