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[quote=Anonymous][quote=Anonymous][quote=Anonymous]NONE OF THIS IS TRUE. Gymboree, yes, is looking for a buyer for the Janie and Jack brand, however, no deal fell through. The day that the associate is referring to was the day that the court allowance to run without liquidation was up. The court granted that Janie and Jack run 30 days from the time of Gymboree's filing (Jan17th 2019-Feb 17th 2019) without the use of the liquidation company unlike Gymboree and Crazy8 who were to begin liquidation immediately. Janie and Jack must liquidate all current product BECAUSE it was made for the Gymboree company and carries Gym-Mark labels inside the seem of the clothing. Whomever "buys" the brand would not be permitted to sell the current clothing with that label. 
THAT BEING SAID even if a "buyer" and the debtor cannot come to an agreement, Special Situations Investment Group (Goldman Sachs) has had a standing bid on the brand since the time of filing (January 17, 2018), meaning that they win the brand at auction if no other group steps up. Auction on the Janie and Jack brand is set for Wednesday February 27th 2019. Check around for updates folks!
*Prime Clerk-Gymboree in your Google search.*[/quote]

*Auction moved to Thursday February 28th due to "debtors receiving additional interest in assets"* [/quote]

**Auction moved to March 1st due to "last minute bid interest in the Janie & Jack assets"**[/quote]

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