The Children’s Place in its preliminary partial fourth quarter results statement said that net sales for the six-week increased 3.4 percent. However, comparable retail sales decreased 8.9 percent for the reporting period driven by decreases in e-commerce revenue. In terms of channel sales results during the period under review, the company...
Dec 19, 2024
The Children’s Place has appointed Claudia Lima-Guinehut as brand president, effective September 9, 2024. The company said in a release that Lima-Guinehut is rejoining the business from Claire's, where she had served as executive vice president and chief merchandising officer since June 2023. Lima-Guinehut will oversee all customer-facing...
Aug 26, 2024
Actress and singer Mandy Moore has unveiled a limited-edition capsule holiday collection with Gymboree, part of The Children’s Place, inspired by her two boys, Gus and Ozzie. The capsule collection is the culmination of the year-long partnership between Gymboree and Moore, who is its 2023 brand ambassador and offers clothing for boys and girls...
Oct 18, 2023
For its first quarter, The Children’s Place, Inc. said, net sales increased 180.3 million dollars or 70.6 percent to 435.5 million dollars compared to the three months ended May 2, 2020, driven by strong customer response to product assortment and the unprecedented level of stimulus payments from the recent government pandemic relief...
May 20, 2021
The Children’s Place, Inc., on October 5, 2020, appointed Tracey R. Griffin to its board of directors and as a member of the audit committee. The company said in a statement, Griffin will hold office until the annual meeting of stockholders of the company to be held in 2021. Griffin is an independent director and qualifies as an “audit committee...
Oct 6, 2020
The Children’s Place, Inc., for its second quarter reported net sales decrease of 12.3 percent to 368.9 million dollars, primarily as a result of the impact of temporary store closures, along with a decrease in back to school sales beginning in mid-July, partially offset by increased digital sales. The company said in a statement that net loss...
Aug 25, 2020
The Children’s Place has suspended all store operations in the United States and Canada beginning March 18, 2020. The company said in a statement that store sales were planned to represent approximately 65 percent of Q1 fiscal 2020 revenue with a significant portion of sales planned for the months of March and April, while its digital sales...
Apr 1, 2020
From 2010 to 2019, the retail apocalypse and changing tastes killed off many iconic companies. We lost fashion companies like Payless, Charming Charlie and Sports Authority, as well as some, like Victoria's Secret and Barneys New York, that are hanging by a thread. Will 2020 be kind to the surviving retailers? Source: Video by Business Insider,...
Dec 24, 2019
Children’s apparel retailer The Children’s Place, Inc.has announced plans to relaunch Gymboree brand in early 2020 on an enhanced website, Gymboree.com, and in shop-in-shop locations in over 200 select Children’s Place stores in the US and Canada. Commenting on the development, Jane Elfers, the company’s President and Chief Executive Officer...
Oct 15, 2019
New York - The Children's Place has agreed to pay 76 million dollars for the rights to Gymboree and Crazy 8 brands, according to bankruptcy court documents. The Children’s Place will also assume a contract with Zeavion Holding Co., which acquired Gymboree's Play & Music business in 2016, according to a bankruptcy court document filed Saturday...
Mar 4, 2019
Gymboree Group Inc., the parent company of childrenswear brands Gymboree, Crazy 8 and Janie and Jack, has filed for relief under Chapter 11 of the Bankruptcy Code in the US Bankruptcy Court for the second time in two years. The company, which operates hundreds of stores in the United States, Canada and Puerto Rico, has also announced that its...
Jan 17, 2019
Earlier in September kidswear chain Gymboree Corp. won court approval to exit Chapter 11 bankruptcy protection with a plan to cut its debt by circa 1 billion dollars. By the end of the month, the company has confirmed its debt restructuring is well underway. On September, 29 The Gymboree Corporation announced that it has successfully completed...
Oct 2, 2017
