The Children's Place Is Buying Gymboree & Crazy 8

The Children's Place will pay $76 million for the rights to Gymboree and the Crazy 8 brands.

Who owned Crazy 8?

The Children's Place had acquired rights associated with both Gymboree and its Crazy 8 brand earlier this year.

Is Janie and Jack still owned by Gap?

As of now, the brand is still finding its footing with investment from its new owner. “We were purchased in April, and we are now carving out of Gap Inc. and standing up as a standalone company within Go Global Retail,” Walsh said.