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Gymboree Assets Sold to Gap and The Children’s Place

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Bankrupt children’s retailer Gymboree Group Inc. has found buyers for its Janie and Jack business, as well as its core Gymboree asset and Crazy 8 operation. At a bankruptcy court auction Friday, Gap Inc. was selected as the winning bidder for Janie and Jack. Gap has agreed to pay $35 million for the name, which…

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