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Gap lands Jack & Janie in Gymboree's liquidation

New York - Gap has landed upscale childrenswear brand Janie & Jack at Gymboree’s liquidation sale. According to court documents released over the weekend, it’s paying 35 million dollars for the online business and leases to Janie and Jack stores. After filing for bankruptcy for the second time in two years, Gymboree decided to put its fashion...

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