Brand expansion plans
Go Global Retail plans to acquire Janie and Jack, a leader in premium children’s fashion with more than 115 retail stores in the US and an online offering of apparel, footwear, and accessories, from Gap Inc.
Since its founding in 2002, Janie and Jack has built a modern classic iconic brand that creates lasting memories for its customers. With a focus on elevated design and details, the brand offers sizes from newborn through tween.
Go Global’s investment partners in this acquisition include New York based Axar Capital Management, MidCap Financial of Bethesda, Maryland, as well as Strategic investors FB Flurry, based in Dallas, Texas and Shanghai-based Ven Bridge, Ltd.
“We are thrilled to acquire an incredible brand like Janie and Jack from the Gap. Our plan is to expand the company’s digital capabilities and accelerate online growth globally,” said Jeff Streader, Founder and Managing Partner of Go Global. Go Global’s international reach will open new markets for Janie and Jack in the UK, Europe and Asia.