| 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 Eddie Bauer |
| Website | catalystbrands |
Catalyst BrandsLLC was formed in 2025 by the merger of SPARC Group and JCPenney. [1] [2]
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. [3] 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, Eddie Bauer, Lucky Brand Jeans, and Nautica. [4] [5] [6]
Marc Rosen, former CEO of JCPenney, leads Catalyst Brands. [7] [8]
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. [9]
| Name | Year acquired | Year founded |
|---|---|---|
| Aéropostale | 2025 | 1987 |
| Brooks Brothers | 1818 | |
| Eddie Bauer | 1920 | |
| JCPenney | 1902 | |
| Lucky Brand Jeans | 1990 | |
| Nautica | 1983 |