Gymboree

retaildive | March 04, 2019

In court documents filed Saturday, Gymboree named Gap, Inc. as the likely buyer of its Janie and Jack line, being "the highest and best offer" for the business. The sale will still need to be approved, however, at a later hearing.The children's retailer also named the likely acquirer of the remaining assets for its Gymboree and Crazy 8 brands, which would go to The Children's Place (referred to in the documents as TCP LLC), pending court approval. A hearing to confirm the trans...

retaildive | July 16, 2018

Gymboree, which went in and out of Chapter 11 bankruptcy last year, is trying to revive its business through a new apparel line and rebrand, launched on Prime Day week, according to a press release. Tina Canales, senior vice president and general manager of Gymboree, described in a statement the new assortment of children's apparel as "fun, confident and optimistic, with a focus on quality and comfort." The collection includes jeans redesigned by "denim expert" Carl Chiar...

retaildive | January 17, 2019

Gymboree Group filed for Chapter 11 bankruptcy late Wednesday night, with plans to shutter all of its Gymboree and Crazy 8 stores and operations, according to a company press release. The filing comes a little over a year after the retailer exited its first bankruptcy in 2017.The children's retailer will be pursuing a going-concern sale of its Janie and Jack business, as well as of the intellectual property and online platform for the Gymboree brand. Special Situations Investing Group will b...

fxstreet | January 16, 2020

Thursday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth of 0.3% for December as compared to the previous month's 0.2% increase. Sales excluding automobiles (core retail sales) are seen rising by 0.5% during the reported month as against a dismal 0.1% growth recorded in November. Meanwhile, the closely watched Retail Sales Control Group is expected to rise by 0.4% following a 0.1% increase in ...