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The Children's Place Appoints Pamela B. Wallack to the Newly Created Position of President Global Product
18
May '17

SECAUCUS, N.J., May 18, 2017 (GLOBE NEWSWIRE) The Children’s Place, Inc. (Nasdaq:PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced the appointment of Pamela B. Wallack to the newly created position of President Global Product, effective immediately. Ms. Wallack will report directly to Jane Elfers, President and CEO, and will assume responsibility for Global Merchandising, Design, Sourcing and Production.

Jane Elfers, President and CEO commented, "Pam Wallack is one of the most talented childrenswear executives in the country. Her success as President of Gap Kids & Baby, coupled with her years of product development and merchandising experience at Kids “R” Us and Babies “R” Us, makes her ideally suited to lead these key product functions at The Children's Place.”

Ms. Elfers continued, “As we look to the future, developing and implementing a best in class Personalized Customer Contact Strategy is our single biggest opportunity. Given the ongoing shift to digital commerce, our digitally savvy millennial Mom, our consistently strong operating results, and the changes in competitor dynamics, we have made the decision to significantly accelerate the development and implementation of this substantial opportunity. With Pam’s arrival, I can now devote significantly more time to delivering the financial benefits associated with our Personalized Customer Contact Strategy.”

Ms. Wallack said, "I have watched the remarkable transformation of The Children's Place over the past several years and I am excited to partner with Jane, and the best in class management team she has assembled, to continue to build upon the company's impressive track record."

Over the course of Ms. Wallack’s distinguished career, she has held several senior level positions at major retailers, including: David’s Bridal, Inc., where she served as President and CEO, and Gap Inc., where she served as EVP of Gap Global Creative Center responsible for developing all product assets for the global Gap brand, President of Gap Women’s/Men’s and Body, and President of Gap Kids & Baby. Ms. Wallack received her BS from the University of Vermont.

About The Children’s Place, Inc.

The Children’s Place is the largest pure-play children’s specialty apparel retailer in North America. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise at value prices, primarily under the proprietary “The Children’s Place,” “Place” and “Baby Place” brand names. As of April 29, 2017, the Company operated 1,033 stores in the United States, Canada and Puerto Rico, an online store at www.childrensplace.com, and had 156 international points of distribution open and operated by its 6 franchise partners in 18 countries.

(This story has not been edited by Fibre2Fashion staff and is published from a syndicated feed.)


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