Content about Gymboree Corp.

January 10, 2013

Gymboree Corp. has hired a second senior-level Gap Inc. executive, naming Gap North America finance VP Evan Price as its new CFO.

San Francisco -- Gymboree Corp. has hired a second senior-level Gap Inc. executive, naming Gap North America finance VP Evan Price as its new CFO.

Price, who also served as VP of Old Navy, will take over Gymboree’s top finance slot on Jan. 21, joining new CEO Mark Breitbard, former Gap North American division president.

 

January 8, 2013

Gymboree Corp. announced that it has appointed Mark Breitbard as CEO, effective Jan. 14. Breitbard joins Gymboree from Gap Inc., where he was president of Gap North America.

San Francisco -- Gymboree Corp. announced Tuesday that it has appointed Mark Breitbard as CEO, effective Jan. 14. Breitbard joins Gymboree from Gap Inc., where he was president of Gap North America.

He also has served as EVP of GapKids and babyGap.

Breitbard succeeds interim CEO Kip M. Garcia, who will resume his former duties as president. Garcia stepped in when former CEO Matthew McCauley resigned last September.

Interim COO Yvonne Hao will return to her role as an operating partner at Bain Capital.

 

July 26, 2012

Madison Marquette Retail Services, which leases and manages Independence Mall – in Wilmington, N.C. – on behalf of owner Centro Properties Group, said that Gymboree Corp.’s Crazy 8 brand will open a new store at the mall this fall.

Wilmington, N.C. -- Madison Marquette Retail Services, which leases and manages Independence Mall – in Wilmington, N.C. – on behalf of owner Centro Properties Group, said that Gymboree Corp.’s Crazy 8 brand will open a new store at the mall this fall.

The 2,465-sq.-ft. store will join Aeropostale, The Children’s Place, Gymboree and Justice in catering to Independence Mall’s teen, tween and children’s clothing shoppers.
 

June 7, 2012

Gymboree Corp. reported net income of $4.2 million for the quarter ended April 28, compared with a loss of $10.4 million in the same period last year.

San Francisco -- Gymboree Corp. reported Thursday net income of $4.2 million for the quarter ended April 28, compared with a loss of $10.4 million in the same period last year.

Sales rose 10.2% to $297.8 million, and same-store sales edged up 1%.

The retailer said it is on track to open 105 stores in fiscal 2012, which include 80 Crazy 8 locations. Crazy 8 is Gymboree’s discount concept.

November 22, 2010

New York - Gymboree Corp. said Monday it did not receive any offers that top Bain Capital's $1.8 billion bid for the company and so the buyout will proceed.

New York - Gymboree Corp. said Monday it did not receive any offers that top Bain Capital's $1.8 billion bid for the company and so the buyout will proceed.

The allotted time for Gymboree to receive competing offers expired Friday.

"Despite a broad solicitation of potentially interested parties, the Company did not receive any alternative acquisition proposals during the 'go-shop' period," Gymboree said in a statement.

October 25, 2010

A report released late Monday said that Gymboree Corp., which is being taken private by...

October 4, 2010

Burlingame, Calif.-based Gymboree Corp. has retained Goldman Sachs to find a buyer, according to a...

June 30, 2008

The sluggish economy and declining sales are taking a toll on store development, according...

November 30, 2007

Of the thousands of publicly traded companies in the United States, very few have CEOs...

Of the thousands of publicly traded companies in the United States, very few have CEOs under the age of 35. Gymboree Corp. is one of them. At 34, Matthew McCauley is the youngest CEO in the company’s 31-year history. What role did his youth play in his success?

August 30, 2007

New concepts have always been the lifeblood of retail. Increasingly, most new apparel formats are...

March 13, 2007

San Francisco, Gymboree...