Gymboree

Gymboree is a sub brand of The Children's Place. Gymboree began with operating retail stores between the early 1970s and the later 2010s. It was founded by Joan Barnes.
History
Early Years
In 1986, the company opened a chain of clothing stores named Gymboree. Gymboree stores offered coordinating children's clothing. The sizes ranged from newborn to size ten. As of January 2019, it operated 380 Gymboree stores, 154 Gymboree outlets, 147 Janie & Jack stores, 253 Crazy 8 stores, and 11 Crazy 8 outlets in the U.S. and Canada.
Crazy 8 was started in August 2007. It featured lower-priced clothing and was Gymboree's direct competitor for The Children's Place and Old Navy.
In 2010, Bain Capital acquired the company for US$1.8 billion.
In June 2017, Gymboree announced it was filing for Chapter 11 bankruptcy protection. In September 2017, the company emerged from bankruptcy.
In November 2018, it was reported that Gymboree would file for bankruptcy for the second time in 14 months, and as a result, Gymboree announced plans to discontinue the Crazy 8 brand after the holiday season.
On January 17, 2019, Gymboree filed for Chapter 11 bankruptcy protection, and eliminated all Gymboree, Gymboree Outlet, and Crazy 8 brick-and-mortar formats as a result. The company sold its Janie & Jack brand to Gap, Inc.
Play & Music Centers
In July 2016, The Gymboree Corporation sold the Gymboree Play & Music business to Zeavion Holding, a private company with a focus on the education and entertainment sectors. Gymboree Play & Music is now completely separate from the Gymboree Corporation and is operating parent-child play classes for ages 0–5. As of 2023, Play & Music operates in over 40 countries and has more than 733 centers internationally.
Sub Brand
On June 24, 2019, the Gymboree was acquired by The Children's Place, who announced that Gymboree would become a digitally native sub brand with store-within-a-store locations at The Children's Place stores. It was announced on January 30, 2020, that The Children's Place would debut Gymboree in February that year, featuring an "early access" program that would allow early access to the first 10,000 customers who register a spot.
Lawsuits
In November 2005, Gymboree settled a lawsuit relating to overtime compensation in Riverside, California for $2.3 million. The lawsuit alleged that Gymboree did not pay mandatory overtime or provide required meal breaks.
References
External links
Official website
Franchises
American companies established in 1976
Clothing companies established in 1976
Retail companies established in 1976
American companies disestablished in 2019
Clothing companies disestablished in 2019
Retail companies disestablished in 2019
American companies established in 2020
Retail companies established in 2020
2010 mergers and acquisitions
Early childhood education
Early childhood education in the United States
Clothing retailers of the United States
Bain Capital companies
Companies that filed for Chapter 11 bankruptcy in 2017
Companies that filed for Chapter 11 bankruptcy in 2019
Medical and health organizations based in California
1976 establishments in California
2019 disestablishments in California
Re-established companies