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Ex-Gap CEO Art Peck Is Back With a SPAC

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Former Gap CEO Art Peck plans to raise $200 million for his Good Commerce Acquisition Corp., the latest bigwig to ride the SPAC, or special acquisition company, gravy train. As a SPAC, Good Commerce, incorporated in the Cayman Islands, aims to acquire apparel and other brands with “business models for tomorrow” that “sit on modern,…

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