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Authentic Brands Group LLC (ABG) is an American brand management company headquartered in New York City. Its holdings include various apparel, athletics, and entertainment brands, which it partners with other companies to license and merchandise . [ 2 ]
Catalyst Brands LLC was formed in 2025 by the merger of SPARC Group and JCPenney. [ 1 ] [ 2 ] SPARC Group brands include Aéropostale , Brooks Brothers , Eddie Bauer , Forever 21 , Lucky Brand Jeans , and Nautica .
Originally founded as the store Fashion 21 in Highland Park, Los Angeles in 1984, [3] [4] it is currently operated by Authentic Brands Group and Simon Property Group, with about 540 outlets. [ 5 ] The company sells accessories , beauty products , home goods, and clothing for women, men and children.
The parent company of fashion retailer Forever 21 has merged with JCPenney to form a brand new company called Catalyst Brands. Sparc Group, which is also over the brands Aéropostale, Brooks ...
Updated July 6: Authentic Brands Group (ABG) has agreed to settle its lawsuit with payment startup Bolt Financial. ABG brought a complaint against Bolt in March and claimed the platform failed to ...
The company became part of the Authentic Luxury Group in October 2024, it is a joint-venture luxury retail group created by Authentic Brands Group and Saks Global. [36] There are currently plans to expand the brand into different categories including clothing and home goods. [37]
It emerged from bankruptcy under the joint ownership of mall operators Simon Property Group and Brookfield Properties, [6] later joined by Authentic Brands Group as a minority owner. [7] In January 2025 JCPenney was combined with SPARC Group, Simon and Authentic's portfolio of legacy retail brands, to form Catalyst Brands. [5]
The purchase was supported with financing from Amazon (who will work with the group to “to innovate on behalf of customers and brand partners”), [6] Authentic Brands Group, G-III Apparel Group and Salesforce. [7] There is also the possibility of store closures across Saks Fifth Avenue and Neiman Marcus. [7]
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