m a spike in cotton prices, and generally missing on orders. He was replaced in 2013 with Mark Breitbard, former GAP North America President. CEO of Gymboree effective 1/14/13. Note: Gymboree (GYMB) debt was downgraded to Caa3 by Moodys on 12/18 (rated CCC by S&P since 2012) following disappointing quart

he Turnaround knday the 13th came a day uatly with fiscal 3O I:: rusultt; yusturcick: We were surprised and disappointed by the dismal results from Gymboree as the company took a step backwards on its turnaround effort. With new management installed in January 2013, admittedly there was little that coul