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.