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

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

The Children’s Place, Inc. Issues Chairman’s Letter to Shareholders

May 24, 2024 8:16 AM EDT

SECAUCUS, N.J., May 24, 2024 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), an omni-channel childrens specialty portfolio of brands with an industry-leading digital-first model, today announced that Turki S. AlRajhi, Chairman of the Companys Board of Directors and Chairman and CEO of Mithaq, the Companys majority shareholder, issued a letter to shareholders of The Childrens Place, Inc.

In the letter, Mr. AlRajhi provides brief information about Mithaqs background and approach; views on The Childrens Places historical financial performance; and preliminary observations... More