Fashion News: Gap Sells Children’s Fashion line Janie and Jack.

On March 25th 2021 Gap Inc. announced that it will be selling it’s children wear brand Janie and Jack which includes about 115 brick and mortar stores along with it’s e-commerce site. The luxury children’s brand was purchased by Gap for $35 million in 2019 from Gymboree Group.

The “brand investment platform” Go Global Retail is set acquire Janie & Jack, but the price of the purchase has yet to be announced with a closing date of April 2nd 2021.

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