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Children’s Place CEO Confident COVID-19 Won’t Disrupt China Supply

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

The Children’s Place Inc. topped sales and earnings estimates in FY19 but withheld guidance for FY20, citing pandemic-driven uncertainty. In a Nutshell: In the fourth quarter, the children’s specialty retailer relaunched the Gymboree brand to a “positive” initial response after acquiring the rights to the intellectual property in 2019. The company’s consolidated comparable sales growth…

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