Children's Place (PLCE) Q4 Revenue Misses Consensus

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Children's Place (PLCE) to Resume Trading at 7:30 am ET

March 4, 2019 7:21 AM EST

Children's Place (NASDAQ: PLCE) to Resume Trading at 7:30 am ET

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Children's Place (PLCE) to Acquire IP Assets of Gymboree and Crazy 8 for $76M

March 4, 2019 7:02 AM EST

The Childrens Place, Inc. (Nasdaq: PLCE), the largest pure-play childrens specialty apparel retailer in North America, today announced that, as part of an auction held in connection with Gymborees bankruptcy proceeding, a wholly-owned subsidiary of the Company has entered into an Asset Purchase Agreement with Gymboree Group, Inc. and related entities to acquire intellectual property and related assets of Gymboree and Crazy 8 (the Gymboree Assets) for $76 million in cash. The Gymboree Assets include the worldwide rights to the names Gymboree and Crazy 8 and other intellectual property, including trademarks, domain... More