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Business|CEO Interview

Natalie Levy: How the CEO rebuilt Aéropostale and Lucky Brand

Natalie Levy arrived at Aéropostale in 2017 as president and chief merchandise officer, just two months after the company had been removed from a 243.3 million dollar bankruptcy sale. She was the first executive hire brought in to rebuild the brand, which was known at the time for selling mainly logo T-shirts and fleece for young consumers. She...

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Business

JCPenney and Sparc Group merge portfolios to form Catalyst Brands

JCPenney and Sparc Group have merged to form a new organization, Catalyst Brands, creating a portfolio of six retail banners. The combined group was formed in an all-equity transaction between JCPenney and Sparc Group, with shareholders Simon Property Group, Brookfield Corporation, Authentic Brands Group and Shein. The company said in a release...

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