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Gymboree Mulls Closing Half of its Stores a Year After Declaring Bankruptcy

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Children’s retailer Gymboree could close up to half of its remaining stores to skirt a second round of bankruptcy. When the children’s wear retailer declared bankruptcy in September of 2017, it was able to cut its debt down by $1 billion while only losing about a quarter of its 1,291 stores. Current information from Gymboree places…

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