Content about Gymboree

June 12, 2014

Lower gross profits and higher pretax losses helped drive The Gymboree Corp.’s net loss to $15 million in the first quarter of fiscal 2014, up from $2.85 million a year earlier.

San Francisco — Lower gross profits and higher pretax losses helped drive The Gymboree Corp.’s net loss to $15 million in the first quarter of fiscal 2014, up from $2.85 million a year earlier. The retailer plans to open 50 new stores and close 25-30 existing stores during the fiscal year.

Net sales shrank 7% to $272 million from $292.78 million. Same-store sales dropped 10%. Gymboree plans to open new stores fairly evenly across its brands, and will spend $35-$40 million in capital expenditures during fiscal 2014.

January 28, 2014

The Gymboree Corporation has selected Oracle Commerce to support its full range of international e-commerce sites for its Gymboree, Janie and Jack, and Crazy 8 brands.

Redwood Shores, Calif. -- The Gymboree Corporation has selected Oracle Commerce to support its full range of international e-commerce sites for its Gymboree, Janie and Jack, and Crazy 8 brands.

In addition to Oracle Commerce, Gymboree also intends to implement Oracle WebLogic Suite.

December 4, 2013

Uniqlo, a division of Japan’s Fast Retailing, announced the promotion of Lawrence (Larry) H. Meyer to CEO of Uniqlo USA.

New York -- Uniqlo, a division of Japan’s Fast Retailing, announced the promotion of Lawrence (Larry) H. Meyer to CEO of Uniqlo USA.
 
Meyer left his post as executive VP of Forever 21 to join Uniqlo in January 2013 as COO. Prior to Forever 21, he served as CFO of Gymboree.

In his new role, Meyer will oversee the day-to-day operations of Uniqlo and hold responsibility for the ongoing development of the company’s retail footprint in the USA.
 

June 20, 2013

The Gymboree Corporation has appointed former Levi Strauss & Co. executive Joelle Maher as the company's new COO.

San Francisco -- The Gymboree Corporation has appointed former Levi Strauss & Co. executive Joelle Maher as the company's new COO.  

At Levi Strauss & Co., Maher was most recently executive VP, president global retail, and prior to that senior VP of Americas multichannel retail, and VP, planning, allocation, stores, store operations and outlet.

She also held executive leadership positions at Lucky Brand Jeans, Old Navy and Macy's East.

 

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.

 

December 5, 2012

The Gymboree Corp. reported that net income for the quarter ended Oct. 27 fell 22.6% to $46.9 million from $60.6 million in the year-ago period.

San Francisco -- The Gymboree Corp. reported Wednesday that net income for the quarter ended Oct. 27 fell 22.6% to $46.9 million from $60.6 million in the year-ago period.

Sales edged up 2.8% to $311.5 million, but same-store sales dipped 4% in the quarter.

During fiscal 2012, the company said it maintains its plans to open approximately 124 new stores, including 98 Crazy 8 stores.

 

September 19, 2012

Tempe, Ariz. -- Indianapolis-based Simon Property Group said that Arizona Mills will continue to expand its retail mix this October with the opening of Crazy 8.

Crazy 8, a concept from The Gymboree Corp., will be located across from J.C. Penney. Other retail offerings include Last Call by Neiman Marcus, Saks Fifth Avenue Off 5th, H&M, Forever 21, Kenneth Cole Company Store, American Eagle Outfitters, G by Guess, 2b Bebe and more.

September 6, 2012

The Gymboree Corp. reported a loss of $14.1 million in the second quarter, compared with a loss of $6.9 million for the same period last year.

San Francisco -- The Gymboree Corp. reported Wednesday a loss of $14.1 million in the second quarter, compared with a loss of $6.9 million for the same period last year.
 
Sales rose 3.8% to $268.8 million, from $259.0 million last year, and same-store sales dipped 1%.

During fiscal 2012, the company reiterated its plans to open 115 new stores, including 90 locations for its value-priced Crazy 8 concept.
 

January 2, 2005