Tag: Authentic Brands

Retail Types, Stores

Does J.C. Penney still have a future?

September 1, 2020

Via: RetailWire

An attorney representing the bankrupt department store chain, Joshua Sussberg of Kirkland & Ellis LLP, said that negotiations between the retailer and Authentic Brands Group, Simon Property Group and Brookfield Property Partners hit a wall this weekend. That means Penney […]

Retail Types, Stores

JCPenney Is At A Crossroad And The Clock Is Ticking

July 29, 2020

Via: Forbes

Many suitors are knocking at JCPenney’s doors. Sycamore Partners, Authentic Brands, Hudson’s Bay and others. However, I feel that the company might want to try to refinance with lenders and try to continue as a freestanding company. The current deadline […]

Retail Types, Stores

Who will come to J.C. Penney’s rescue?

June 17, 2020

Via: RetailWire

J.C. Penney is facing a deadline that it may not be able to meet. The department store operator, which filed for bankruptcy in May, is at risk of running out of cash by July 15 if something dramatic doesn’t happen […]

Retail Types, Stores

Forever 21 reaches $81 million deal to sell its retail business to US mall owners and Authentic Brands

February 3, 2020


Forever 21 has reached an $81 million deal to sell its retail business to a group that includes Simon Property Group, Brookfield Property Partners and Authentic Brands. Forever 21 said in a bankruptcy court filing it is seeking approval to […]