The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall REITs Simon and Brookfield.
JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in ...
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...