How it started
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.
Bankruptcy and liquidation
In June 2017, Gymboree announced it was filing for Chapter 11 bankruptcy protection. In September 2017, the company emerged from bankruptcy.
From Wikipedia’s article on Gymboree, shared under CC BY-SA 4.0.2