Children's Place (PLCE) Chairman Issues Letter to Shareholders

The Children’s Place, Inc. (Nasdaq: PLCE) today announced that Turki S. AlRajhi, Chairman of the Company’s Board of Directors and Chairman and CEO of Mithaq, the Company’s majority shareholder, issued a letter to shareholders of The Children’s Place, Inc.

In the letter, Mr. AlRajhi provides brief information about Mithaq’s background and approach; views on The Children’s Place’s historical financial performance; and preliminary observations of the Company’s strategy going forward, including capital allocation priorities, operational initiatives and communications practices.

The Chairman’s Letter can be found on the Company’s website:

https://investor.childrensplace.com/news-releases/news-release-details/childrens-place-inc-issues-chairmans-letter-shareholders

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