<ul><li>Retailers JCPenney and SPARC Group have combined to form a new apparel-focused organization called Catalyst Brands.</li><li>The new organization brings together SPARC Group’s five brands — Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica — and JCPenney and its private brands like Stafford, Arizona and Liz Claiborne.</li><li>Catalyst Brands benefits from combined scale, distribution, design, and sourcing.</li><li>The new organization has a total of $9 billion of revenue, 1,800 store locations, 60,000 employees, and $1 billion of liquidity.</li></ul>

JCPenney and SPARC Combine to Create ‘Compelling Consumer Value Proposition’

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