These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results and performance to differ materially. Forward-looking statements typically are identified by use of terms such as вЂњmay,вЂќ вЂњwill,вЂќ вЂњshould,вЂќ вЂњplan,вЂќ вЂњproject,вЂќ вЂњexpect,вЂќ вЂњanticipate,вЂќ вЂњestimateвЂќ and similar words, although some forward-looking statements are expressed differently. This press release, contains or may contain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements relating to the CompanyвЂ™s strategic initiatives and adjusted net income per diluted share.

Prior to joining The ChildrenвЂ™s Place, Rob held senior finance and accounting roles at Ralph Lauren, Fresh Direct, and Rag & Bone. Rob will report to Jane Elfers, President and Chief Executive Officer. In the CFO role, Rob will take on added responsibility for internal audit. In his current role, Rob oversees financial planning & analysis, financial reporting, accounting operations, tax, treasury, investor relations and inventory management. Rob has taken on roles of increasing responsibility over the past few years in preparation for the Chief Financial Officer role, including his appointment as Principal Accounting Officer in November 2018, and culminating in his appointment as Senior Vice President, Finance & Inventory Management in November 2019. Rob Helm, 41, joined The ChildrenвЂ™s Place in 2016. I have confidence in RobвЂ™s ability to seamlessly transition to the CFO role and to continue to partner with me to create value for our shareholders.вЂќ

Jane Elfers, President and Chief Executive Officer, said, вЂњRob is involved in all aspects of the business and has been instrumental in helping to navigate the Company throughout the COVID-19 crisis. Michael Scarpa, age 65, has decided to retire from The ChildrenвЂ™s Place effective March 31, 2021. Helm, Senior Vice President, Finance & Inventory Management, has been appointed Chief Financial Officer effective April 1, 2021. (Nasdaq: PLCE), the largest pure-play childrenвЂ™s specialty apparel retailer in North America, today announced that Robert вЂњRobвЂќ F.

01, 2021 (GLOBE NEWSWIRE) - The ChildrenвЂ™s Place, Inc.

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