Gymboree auction adjourned to Feb. 28; interest received for assets

By Caroline Salls

Pittsburgh, Feb. 27 – Gymboree Group, Inc. adjourned the auction for its Janie and Jack assets to Feb. 28 from Feb. 27, according to a notice filed Tuesday with the U.S. Bankruptcy Court for the Eastern District of Virginia.

The company said in the notice “the debtors have received additional interest in the assets and have continued work with interested parties towards a goal of maximizing the value obtained from the sale.”

Gymboree is a children’s apparel specialty retailer based in San Francisco. The company filed bankruptcy on Jan. 16 under Chapter 11 case number 19-30258.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.