<SEC-DOCUMENT>0001144204-14-037283.txt : 20140624
<SEC-HEADER>0001144204-14-037283.hdr.sgml : 20140624
<ACCEPTANCE-DATETIME>20140612160608
ACCESSION NUMBER:		0001144204-14-037283
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20140606
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140612
DATE AS OF CHANGE:		20140612

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Childrens Place, Inc.
		CENTRAL INDEX KEY:			0001041859
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-FAMILY CLOTHING STORES [5651]
		IRS NUMBER:				311241495
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23071
		FILM NUMBER:		14907294

	BUSINESS ADDRESS:	
		STREET 1:		500 PLAZA DRIVE
		CITY:			SECAUCUS
		STATE:			NJ
		ZIP:			07094
		BUSINESS PHONE:		2015582400

	MAIL ADDRESS:	
		STREET 1:		500 PLAZA DRIVE
		CITY:			SECAUCUS
		STATE:			NJ
		ZIP:			07094

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHILDRENS PLACE RETAIL STORES INC
		DATE OF NAME CHANGE:	19970702
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>v381322_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WASHINGTON, DC 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of report (Date of earliest event reported):
June 6, 2014</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.75pt solid">THE CHILDREN&rsquo;S
PLACE, INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact Name of Registrant as Specified in
Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.75pt solid">Delaware</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(State or Other Jurisdiction of Incorporation)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 50%; border-bottom: black 1pt solid; text-align: center">0-23071</td>
    <td style="width: 50%; border-bottom: black 1pt solid; text-align: center">31-1241495</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center">(Commission File Number)</td>
    <td style="text-align: center">(IRS Employer Identification No.)</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center">&nbsp;</td>
    <td style="text-align: center">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; text-align: center">500 Plaza Drive, Secaucus, New Jersey</td>
    <td style="border-bottom: black 1pt solid; text-align: center">07094</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center">(Address of Principal Executive Offices)</td>
    <td style="text-align: center">(Zip Code)</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 100%; border-bottom: black 1pt solid; text-align: center">(201) 558-2400</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center">(Registrant&rsquo;s Telephone Number, Including Area Code)</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; text-align: center">Not Applicable</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center">(Former Name or Former Address, if Changed Since Last Report)</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(<I> see</I> General Instruction A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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    <TD STYLE="width: 3%; text-align: justify"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD>
    <TD STYLE="width: 97%; text-align: justify"><FONT STYLE="font-size: 10pt">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5.03&nbsp;Amendments to Articles of Incorporation or
Bylaws; Change in Fiscal Year</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 27.5pt">At the Annual Meeting
of Stockholders of The Children&rsquo;s Place Retail Stores, Inc. (the &ldquo;Company&rdquo;) held on June 4, 2014, the Company&rsquo;s
stockholders approved an amendment to our Charter to declassify our board of directors, permit shareholders to remove directors
with or without cause and to change our name to &ldquo;The Children&rsquo;s Place, Inc.&rdquo;, each amendment as described in
the Company&rsquo;s proxy statement for such Annual Meeting as filed with the U.S. Securities and Exchange Commission on April
17, 2014. The Company filed an Amended and Restated Certificate of Incorporation with the Delaware Secretary of State on June 6,
2014 to effect each of the amendments. A copy of the Amended and Restated Certificate of Incorporation is attached hereto as Exhibit
3.1 and is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 27.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 27.5pt">&nbsp;In addition, the Board of Directors
amended Article II, Section 2(d) of the Fourth Amended and Restated Bylaws of the Company to reflect the declassification of our
board of directors effective upon the filing of the Amended and Restated Certificate of Incorporation with the Delaware Secretary
of State. The text of the proposed amendment is set forth below; additions of text are indicated by underlining and deletions of
text are indicated by strike-outs:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 27.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 27pt">&ldquo;<B>(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Election.</B>
<STRIKE>The directors, other than those who may be elected by the holders of any series of Preferred Stock, will be classified
with respect to the time for which they severally hold office in accordance with the Certificate of Incorporation. </STRIKE>At
the annual meeting of stockholders, the stockholders will elect by a vote in accordance with the terms of the Certificate of Incorporation
and of these Bylaws<STRIKE>,</STRIKE> the directors to succeed those whose terms expire at such meeting. Any director may resign
at any time upon written notice to the Corporation.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 27.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 27.5pt">A copy of the amendment to the Company&rsquo;s
bylaws is attached hereto as Exhibit 3.2 and is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 27.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 8.01 Other Events</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On June 12, 2014, the Company issued a press
release announcing the election results at its 2014 Annual Meeting of Stockholders. A copy of the press release is attached as
Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 9.01 Financial Statement and Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">3.1*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amended and Restated Certificate
of Incorporation of The Children&rsquo;s Place Retail Stores, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">3.2*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amendment to Fourth Amended
and Restated Bylaws of The Children&rsquo;s Place, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">99.1*&nbsp;&nbsp;&nbsp;&nbsp;Press Release, dated
June 9, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>__________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">* Filed herewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>Forward Looking Statements</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><I>This Current Report
on Form 8-K contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements typically are identified by use of terms such as &ldquo;may,&rdquo; &ldquo;will,&rdquo;
&ldquo;should,&rdquo; &ldquo;plan,&rdquo; &ldquo;project,&rdquo; &ldquo;expect,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;estimate&rdquo;
and similar words, although some forward-looking statements are expressed differently.</I>&nbsp;<I>These forward-looking statements
are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could
cause actual results and performance to differ materially. Some of these risks and uncertainties are described in the Company's
filings with the Securities and Exchange Commission, including in the &ldquo;Risk Factors&rdquo; section of its Annual Report on
Form 10-K for the fiscal year ended February 1, 2014. Included among the risks and uncertainties that could cause actual results
and performance to differ materially are the risk that the Company will be unsuccessful in gauging fashion trends and changing
consumer preferences, the risks resulting from the highly competitive nature of the Company&rsquo;s business and its dependence
on consumer spending patterns, which may be affected by the continued weakness in the economy or by other factors such as increases
in the cost of gasoline and food, the risk that the cost of raw materials or energy prices will increase beyond current expectations
or that the Company is unable to offset cost increases through value engineering or price increases, and the uncertainty of weather
patterns. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date
they were made. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that
may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><I>&nbsp;</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 27.5pt">Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 27.5pt">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 48%">Date:&nbsp;&nbsp;June 12, 2014</td>
    <td style="width: 9%">&nbsp;</td>
    <td style="width: 43%">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td colspan="2"><b>THE CHILDREN&rsquo;S PLACE, INC.</b></td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>By:</td>
    <td style="border-bottom: black 1pt solid">/s/ Jane Elfers</td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>Name:</td>
    <td>Jane Elfers</td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>Title:</td>
    <td>President and Chief Executive Officer</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<FILENAME>v381322_ex3-1.htm
<DESCRIPTION>EXHIBIT 3.1
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 3.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>AMENDED AND RESTATED</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CERTIFICATE OF INCORPORATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>OF</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>THE CHILDREN&rsquo;S PLACE RETAIL STORES,
INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Pursuant to Section 242 and 245 of the</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>General Corporation Law of the State
of Delaware)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">THE CHILDREN&rsquo;S PLACE RETAIL STORES,
INC. (the &ldquo;Corporation&rdquo;), a corporation organized and existing under and by virtue of the provisions of the General
Corporation Law of the State of Delaware (the &ldquo;General Corporation Law&rdquo;), DOES HEREBY CERTIFY:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That
the name of the Corporation is THE CHILDREN&rsquo;S PLACE RETAIL STORES, INC.; the Corporation was originally incorporated under
the name &ldquo;The Children's Place Retail Stores II, Inc.&rdquo; pursuant to General Corporation Law and the Corporation&rsquo;s
original certificate of incorporation was filed with the Secretary of State of Delaware on June 3, 1988. The Corporation&rsquo;s
certificate of incorporation was subsequently amended by a certificate of merger on July 29, 1988, and pursuant to such amendment,
the Corporation was renamed &ldquo;The Children&rsquo;s Place Retail Stores, Inc.&rdquo; The Corporation&rsquo;s certificate of
incorporation was subsequently amended and restated on each of June 28, 1996, December 31, 1996, September 18, 1997 and July 29,
2008.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That
the Board of Directors duly adopted resolutions proposing to amend and restate the Corporation&rsquo;s certificate of incorporation,
declaring said amendment and restatement to be advisable and in the best interests of the Corporation and its stockholders, and
authorizing the appropriate officers of the Corporation to solicit the consent of the stockholders therefor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That
this Amended and Restated Certificate of Incorporation, which restates and integrates and further amends the provisions of the
Corporation&rsquo;s certificate of incorporation, was duly adopted by the board of directors and stockholders of the Corporation
in accordance with Sections 242 and 245 of the General Corporation Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That
the Corporation&rsquo;s certificate of incorporation be amended and restated in its entirety to read as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE ONE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The name of the corporation is THE CHILDREN&rsquo;S
PLACE, INC. (the &ldquo;Corporation&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE TWO</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The address of the Corporation&rsquo;s registered
office in the State of Delaware is 2711 Centerville Road, Suite 400, in the city of Wilmington, County of New Castle. The name
of its registered agent at such address is Corporation Service Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE THREE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The nature of the business and of the purposes
to be conducted and promoted by the Corporation are to conduct any lawful business, to promote any lawful purpose and to engage
in any lawful act or activity for which a corporation may be organized under the General Corporation Law of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE FOUR</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation shall have authority, to
be exercised by the Board of Directors, to issue (i) 100,000,000 shares of common stock of the par value of $0.10 per share (the
&ldquo;Common Stock&rdquo;) and (ii) 1,000,000 shares of preferred stock of the par value of $1.00 per share (the &ldquo;Preferred
Stock&rdquo;). The Preferred Stock may be issued (A) in one or more series and with such designations, powers, preferences, rights,
and such qualifications, limitations or restrictions thereof, as the Board of Directors shall fix by resolution or resolutions
which are permitted by Section 151 of the General Corporation Law of the State of Delaware for any such series of Preferred Stock,
and (B) in such number of shares in each such series as the Board of Directors shall, by resolution, fix, provided that the aggregate
number of all shares of Preferred Stock issued shall not exceed the number of shares of Preferred Stock authorized hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each holder of Common Stock shall at every
meeting of stockholders of the Corporation be entitled to one vote in person or by proxy on each matter submitted to a vote of
stockholders for each share of Common Stock held by such holder as of the record date for such meeting. Subject to the rights,
if any, of the holders of the Preferred Stock, the holders of the Common Stock shall be entitled to the entire voting power, all
dividends declared and paid by the Corporation and all assets of the Corporation available for distribution to stockholders in
the event of any liquidation, dissolution or winding up the Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE FIVE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following provisions (labeled clauses
(i), (ii), (iii) and (iv)) shall together constitute the &ldquo;first paragraph&rdquo; of this ARTICLE FIVE:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
number of directors which shall constitute the whole Board of Directors of the Corporation shall be not less than three nor more
than 12 and the exact number shall be fixed from time to time by the Board of Directors pursuant to a resolution adopted by a majority
of the directors then in office; provided, however, that such maximum number of directors may be increased from time to time to
reflect the rights, if any, of holders of Preferred Stock to elect directors in accordance with the terms of the resolution or
resolutions adopted by the Board of Directors providing for the issue of such shares of Preferred Stock. The number of directors
may be increased or decreased only by action of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Until
the annual meeting of stockholders to be held in 2017, the directors, other than those who may be elected by the holders of any
series of Preferred Stock, will be classified with respect to the time for which they severally hold office into three classes,
as nearly equal in number as possible, designated Class I, Class II and Class III. The directors first appointed to Class I will
hold office for a term expiring at the annual meeting of stockholders of the Corporation to be held in 1998; the directors first
appointed to Class II will hold office for a term expiring at the annual meeting of stockholders of the Corporation to be held
in 1999; and the directors first appointed to Class III will hold office for a term expiring at the annual meeting of stockholders
of the Corporation to be held in 2000, with the members of each class to hold office until their successors are elected and qualified.
At each succeeding annual meeting of the stockholders of the Corporation held prior to the annual meeting of stockholders in 2015,
the successors of the class of directors whose terms expire at that meeting will be elected to hold office for a term expiring
at the annual meeting of stockholders to be held in the third year following the year of their election and until their successors
are elected and qualified. At the annual meetings of stockholders to be the annual meeting held in 2015 and 2016, directors elected
to succeed those directors whose terms then expire shall be elected at such meeting to hold office for a term expiring at the annual
meeting of stockholders to be held in 2017 and shall hold office until their respective successors are duly elected and qualified,
subject to their earlier death, resignation, retirement or removal from service as a director.<BR>
<BR>
</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commencing
with the annual meeting of stockholders to be held in 2017, the classification of the Board of Directors set forth in clause (ii)
above shall cease. At the annual meeting of stockholders to be held in 2017 and at each annual meeting of stockholders thereafter,
each nominee for director shall stand for election to a one-year term expiring at the next annual meeting of stockholders and shall
hold office until their respective successors are duly elected and qualified, subject to their earlier death, resignation, retirement
or removal from service as a director.<BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 40.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Election of directors of the Corporation need not be by written ballot unless requested by the Chairman of the Board of Directors
or by the holders of a majority of the voting power of the outstanding shares of stock entitled to vote in the election of directors
and present in person or represented by proxy at a meeting of the stockholders at which directors are to be elected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Subject to the rights, if any, of the holders
of any Preferred Stock with respect to the election of directors, directors shall be elected by a majority of votes cast by the
shares present at a meeting of stockholders and entitled to vote on the election of directors at such meeting, a quorum being present
at such meeting, unless the election is contested, in which case directors shall be elected by a plurality of votes cast by the
shares present at such meeting. A &ldquo;majority of votes cast&rdquo; means that the number of votes cast &ldquo;for&rdquo; the
election of the nominee exceeds 50% of the total number of votes cast &ldquo;for&rdquo; or &ldquo;against&rdquo; the election of
that nominee. A &ldquo;contested election&rdquo; shall mean an election at which the number of nominees for election as director
is greater than the number of directors to be elected. For purposes hereof, the number of nominees shall be determined as of the
last date on which a stockholder in accordance with the Bylaws of the Corporation may nominate a person for election as a director
in order for such nomination to be required to be presented for a vote of the stockholders. Cumulative voting shall not apply in
the election of directors and no stockholder will be permitted to accumulate votes in respect of the election of any director.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE SIX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Subject to the rights, if any, of the holders
of any Preferred Stock, the power to fill vacancies on the Board of Directors (whether by reason of resignation, removal, death,
an increase in the number of directors or otherwise) shall be vested solely in the Board of Directors, and vacancies may be filled
by the affirmative vote of a majority of the directors then in office, even if less than a quorum, or by the sole remaining director,
unless all directorships are vacant, in which case the stockholders shall fill the then existing vacancies. Any director chosen
by the Board of Directors to fill a vacancy (including a vacancy resulting from an increase in the number of directors) shall hold
office for the remainder of the full term of the class of directors in which the vacancy occurred (or in which the new directorship
was created) and until that director&rsquo;s successor shall be elected and shall have qualified. No decrease in the number of
directors constituting the Board of Directors may shorten the term of any incumbent director.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE SEVEN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Special meetings of the stockholders of
the Corporation for any purpose or purposes may be called at any time by the Chairman of the Board of Directors or by the Secretary
of the Corporation within ten business days after receipt of written request from a majority of the total number of directors which
the Corporation would have if there were no vacancies. Such special meetings may not be called by any other person or persons.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE EIGHT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any action required by the General Corporation
Law of the State of Delaware to be taken at an annual or special meeting of stockholders of the Corporation, and any action which
otherwise may be taken at any annual or special meeting of stockholders of the Corporation, shall be taken only at a duly called
meeting of the stockholders of the Corporation and, notwithstanding Section 228 of the General Corporation Law of the State of
Delaware, no such action shall be taken by written consent or consents without a meeting of the stockholders of the Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE NINE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except as otherwise provided by law, at
any annual or special meeting of the stockholders of the Corporation, only such business shall be conducted or considered as shall
have been properly brought before the meeting. Except as otherwise provided herein, in order to have been properly brought before
the meeting, such business must have been either (A) specified in the written notice of the meeting, or any supplement thereof,
given to the stockholders of record on the record date for such meeting by or at the direction of the Board of Directors; (B) brought
before the meeting at the direction of the Chairman of the Board, the President or the Board of Directors; or (C) specified in
a written notice given by or on behalf of a stockholder of record on the record date for such meeting entitled to vote thereat
or a duly authorized proxy for such stockholder, in accordance with all requirements set forth in this Article Nine. A notice referred
to in clause (C) of the preceding sentence must be delivered personally to, or mailed to and received at, the principal executive
office of the Corporation, addressed to the attention of the Secretary, not less than 45 days nor more than 60 days prior to the
meeting; provided, however, that in the event that less than 55 days&rsquo; notice or prior public disclosure of the date of the
meeting was given or made to stockholders, notice by the stockholder to be timely must be so received not later than the close
of business on the tenth day following the day on which such notice of the date of the meeting was mailed or such public disclosure
was made, whichever first occurred. Such noticed referred to in clause (C) of the second sentence of this Article Nine shall set
forth: (i) a full description of each such item of business proposed to be brought before the meeting and the reasons for conducting
such business at such meeting; (ii) the name and address of the person proposing to bring such business before the meeting; (iii)
the class and number of shares held of record, held beneficially and represented by proxy by such person as of the record date
for the meeting (if such date has then been made publicly available) and as of the date of such notice; (iv) if any item of such
business involves a nomination for director, all information regarding each such nominee that would be required to be set forth
in a definitive proxy statement filed with the Securities and Exchange Commission (the &ldquo;Commission&rdquo;) pursuant to Section
14 of the Securities Act of 1934, as amended, or any successor thereto (the &ldquo;Exchange Act&rdquo;), and the written consent
of each such nominee to serve if elected; (v) any material interest of the stockholder in such item of business; and (vi) all other
information that would be required to be filed with the Commission if, with respect to the business proposed to be brought before
the meeting, the person proposing such business was a participant in a solicitation subject to Section 14 of the Exchange Act.
No business shall be brought before any meeting of stockholders of the Corporation otherwise than as provided in this Article Nine.
The Board of Directors may require a proposed nominee for director to furnish such other information as may be required to be set
forth in a stockholder&rsquo;s notice of nomination which pertains to the nominee or which may be reasonably required to determine
the eligibility of such proposed nominee to serve as a director of the Corporation. The chairman of the meeting may, if the facts
warrant, determine that a nomination or stockholder proposal was not made in accordance with the foregoing procedure, and if the
chairman should so determine, the chairman shall so declare to the meeting and the defective nomination or proposal shall be disregarded.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE TEN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Bylaws of the Corporation, as amended
and restated on the date hereof, are hereby adopted by the Board of Directors. In furtherance and not in limitation of the powers
conferred by statute, the Board of Directors is expressly authorized to make, repeal, alter, amend and rescind the Bylaws of the
Corporation, by the affirmative vote of a majority of the total number of directors which the Corporation would have if there were
no vacancies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Notwithstanding anything contained in this
Certification of Incorporation to the contrary, Sections 6(b), 6(j) and 6(l) of Article I of the Bylaws, Sections 2(b), 2(c) and
2(d) of Article II of the Bylaws and Article VI of the Bylaws may not amended or repealed by the stockholders, and no provision
inconsistent therewith may be adopted by the stockholders, without the affirmative vote of the holders of at least 75% of the voting
power of the outstanding shares of stock entitled to vote in the election of directors, voting as a single class.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE ELEVEN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">To the fullest extent that the General Corporation
Law of the State of Delaware, as it exists on the date hereof or as it may hereafter be amended, permits the limitation or elimination
of the liability of directors, no director of the Corporation shall be personally liable to the Corporation or its stockholders
for monetary damages for breach of fiduciary duty as a director. Notwithstanding the foregoing, a director shall be liable to the
extent provided by applicable law (1) for any breach of the director&rsquo;s duty of loyalty to the Corporation or its stockholders,
(2) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (3) under Section
174 of the General Corporation Law of the State of Delaware or any successor provision thereto, or (4) for any transaction from
which the director derived any improper personal benefit. Neither the provisions of this Article Eleven, nor the adoption of any
provision of this Certificate of Incorporation inconsistent with this Article Eleven, shall adversely affect any right or protection
of a director of the Corporation existing at the time of such amendment, repeal or adoption.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE TWELVE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation shall, to the fullest extent
permitted by Section 145 of the General Corporation Law of the State of Delaware, as the same may be amended and supplemented,
or by any successor provision thereto (&ldquo;Section 145&rdquo;), indemnify any and all persons whom it shall have power to indemnify
under Section 145 from and against any and all of the expenses, liabilities or other matters referred to in or covered by Section
145. The Corporation shall advance expenses to the fullest extent permitted by Section 145. Such right to indemnification and advancement
of expenses shall inure to the benefit of the heirs, executors and administrators of such person. The indemnification and advancement
of expenses provided for herein shall not be deemed exclusive of any other rights which any person may have or hereafter acquire
under any statue, Bylaw, agreement, vote of stockholders or disinterested directors or otherwise. Without limiting the generality
or the effect of the foregoing, the Corporation may enter into one or more agreements with any person which provide for indemnification
greater than or different from that provided in this Article Twelve or Section 145. Neither the amendment or repeal of this Article
Twelve, nor the adoption of any provision of this Certificate of Incorporation inconsistent with this Article Twelve, shall adversely
affect any right or protection of any person existing at the time of such amendment, repeal or adoption.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation shall have power to purchase
and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the Corporation, or is or
was serving at the request of the Corporation as a director, officer, employee or agent of another corporation, partnership, joint
venture, trust or other enterprise against any liability asserted against him and incurred by him in any such capacity, or arising
out of his status as such, whether or not the Corporation would have the power to indemnify him against such liability under the
provisions hereof or under Section 145 of the General Corporation Law or any other applicable law.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE THIRTEEN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Prior to the annual meeting of stockholders
to be held in 2017, subject to the rights, if any, of the holders of any Preferred Stock to elect additional directors or to remove
directors so elected, a duly elected director of the Corporation may be removed from such position by the stockholders only for
cause and only in the manner specified in this Article Thirteen. From and after the annual meeting of stockholders to be held in
2017, the stockholders may remove any duly elected director of the Corporation with or without cause in the manner specified in
this Article Thirteen. Any of the foregoing removals by stockholders may be effected only by the affirmative vote of the holders
of a majority of the voting power of the outstanding shares of stock entitled to vote in the election of directors, voting as a
single class. Except as may be provided by applicable law, cause for removal will be deemed to exist only if the director whose
removal is proposed has been convicted of a felony or adjudicated by a court of competent jurisdiction to be liable to the Corporation
or its stockholders for misconduct as a result of (a) a breach of such director&rsquo;s duty of loyalty to the Corporation, (b)
any act or omission by such director not in good faith or which involves a knowing violation of law or (c) any transaction from
which such director derived an improper personal benefit, and such conviction or adjudication is no longer subject to direct appeal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE FOURTEEN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Whenever a compromise or arrangement is
proposed between this Corporation and its creditors or any class of them and/or between this Corporation and its stockholders or
any class of them, any court of equitable jurisdiction within the State of Delaware may, on the application in a summary way of
this Corporation or any creditor or stockholder thereof or on the application of any receiver or receivers appointed for this Corporation
under the provisions of Section 291 of Title 8 of the Delaware Code or on the application of trustees in dissolution or of any
receiver or receivers appointed for this Corporation under the provisions of Section 279 of Title 8 of the Delaware Code order
a meeting of the creditors or class of creditors, and/or of the stockholders or class of stockholders, of this Corporation, as
the case may be, to be summoned in such manner as the said court directs. If a majority in number representing three-fourths in
value of the creditors or class of creditors, and/or of the stockholders or class of stockholders, of this Corporation, as the
case may be, agree to any compromise or arrangement and to any reorganization of this Corporation as a consequence of such compromise
or arrangement, the said compromise or arrangement and the said reorganization shall, if sanctioned by the court to which the said
application has been made, be binding on all the creditors or class of creditors, and/or on all the stockholders or class of stockholders,
of this Corporation, as the case may be, and also on this Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE FIFTEEN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any amendment, alteration, change or repeal
of any provision contained in (i) the second paragraph of Article Five or in Article Six, Seven, Eight, Nine, Ten or this Article
Fifteen in this Certificate of Incorporation and (ii) prior to the annual meeting of stockholders to be held in 2017, Article Thirteen
of this Certificate of Incorporation, or the adoption of any provision inconsistent therewith, may be effected only by the affirmative
vote of the holders of 75% of the voting power of the outstanding shares of stock entitled to vote in the election of directors,
voting as a single class, and all rights conferred on stockholders herein are granted subject to any provision of the General Corporation
Law of the State of Delaware, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This Amended and Restated Certificate of
Incorporation was duly adopted in accordance with the provisions of Section 242 and Section 245 of the General Corporation Law
of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>IN WITNESS WHEREOF</B>, this Amended
and Restated Certificate of Incorporation has been executed by a duly authorized officer of this corporation on this 6<SUP>th</SUP>
day of June 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt"><B>THE CHILDREN&rsquo;S PLACE RETAIL STORES, INC.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 0.125in"><FONT STYLE="font-size: 10pt">/s/ Bradley P. Cost</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-size: 10pt">Bradley P. Cost</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-size: 10pt">Senior Vice President, General Counsel </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-size: 10pt">and Secretary</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<TYPE>EX-3.2
<SEQUENCE>3
<FILENAME>v381322_ex3-2.htm
<DESCRIPTION>EXHIBIT 3.2
<TEXT>
<HTML>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 3.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FIRST AMENDMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TO THE FOURTH AMENDED AND RESTATED BYLAWS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>OF</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>THE CHILDREN&rsquo;S PLACE, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(a Delaware corporation)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">THE CHILDREN&rsquo;S PLACE, INC. (the &ldquo;Corporation&rdquo;),
a corporation organized and existing under and by virtue of the provisions of the General Corporation Law of the State of Delaware
(the &ldquo;General Corporation Law&rdquo;), DOES HEREBY CERTIFY:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>That the Board of Directors duly adopted resolutions proposing to amend the Company&rsquo;s Fourth Amended and Restated Bylaws
(the &ldquo;Bylaws&rdquo;), declaring said amendment to be advisable and in the best interests of the Corporation and its stockholders.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>That this First Amendment to the Bylaws, which amends the provisions of the Company&rsquo;s Bylaws, was duly adopted by the
Board of Directors in accordance with Section 109(a) of the General Corporation Law and Article X of the Company&rsquo;s Amended
and Restated Certificate of Incorporation (the &ldquo;Amended and Restated Charter&rdquo;).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">3.</TD><TD>That the Corporation&rsquo;s Bylaws be amended to read as follows effective upon the filing of the Company&rsquo;s Amended
and Restated Charter with the Delaware Secretary of State:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-indent: 0in; text-align: justify">a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Article II, Section 2(d) of the Company&rsquo;s Fourth Amended and Restated Bylaws is amended and restated as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Election</B>.
At the annual meeting of stockholders, the stockholders will elect by a vote in accordance with the terms of the Certificate of
Incorporation and of these Bylaws the directors to succeed those whose terms expire at such meeting. Any director may resign at
any time upon written notice to the Corporation.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">4.</TD><TD>That except as provided herein, the Company&rsquo;s Bylaws remain in full force and effect.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in"><B>IN WITNESS WHEREOF,</B> this Amendment to the
Company&rsquo;s Fourth Amended and Restated Bylaws has been executed by a duly authorized officer of this corporation on this 6<SUP>th</SUP>
day of June, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt"><B>THE CHILDREN&rsquo;S PLACE, INC.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="width: 46%; border-bottom: Black 1pt solid; padding-left: 0.125in"><FONT STYLE="font-size: 10pt">/s/ Bradley P. Cost</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-size: 10pt">Bradley P. Cost</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-size: 10pt">Senior Vice President, </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-size: 10pt">General Counsel and Secretary</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>v381322_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><IMG SRC="ex99-1logo.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>FOR IMMEDIATE RELEASE</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>The Children&rsquo;s Place Announces
Election of a New Director</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SECAUCUS, N.J. &ndash; June 12, 2014 &mdash; <B>The Children&rsquo;s
Place, Inc.</B> (<B>Nasdaq: PLCE</B>), the largest pure-play children&rsquo;s specialty apparel retailer in North America, today
announced that, at its Annual Meeting on June 4, 2014, the Company&rsquo;s stockholders elected Susan Sobbott to the Board of Directors
as a Class II director to serve for a three-year term expiring in 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ms. Sobbott currently holds the position of President of Global
Corporate Payments, a multi-billion dollar global division of the American Express Company serving the payment needs of mid-sized
and large companies. From 2004 to early 2014, she was President and General Manager of American Express OPEN, a multi-billion dollar
business unit within American Express Company. Since 2009, Ms. Sobbott has also served as a member of the Business Operating Committee,
a group of senior leaders at American Express Company working with the Chief Executive Officer to develop strategic direction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The addition of Ms. Sobbott expands the Company&rsquo;s Board
of Directors to eight.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&ldquo;Susan brings to The Children&rsquo;s Place broad-based
managerial and leadership experience in the areas of marketing, branding, customer insight and customer management&rdquo; commented
Norman Matthews, Chairman of the Board, &ldquo;and we are pleased to welcome her to The Children&rsquo;s Place Board.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">At the Annual Meeting, the Company&rsquo;s stockholders also
approved a name change to The Children&rsquo;s Place, Inc., the declassification of the Company&rsquo;s Board of Directors, the
election of incumbents Joseph Alutto and Joseph Gromek as Class II directors, the appointment of BDO, USA LLP as the Company&rsquo;s
independent registered public accounting firm for the fiscal year ending January 31, 2015, and the compensation of its named executive
officers on an advisory basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>ABOUT THE CHILDREN&rsquo;S PLACE, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Children&rsquo;s Place is the largest pure-play children&rsquo;s
specialty apparel retailer in North America. The Company designs, contracts to manufacture, sells and licenses to sell fashionable,
high-quality merchandise at value prices, primarily under the proprietary &ldquo;The Children&rsquo;s Place,&rdquo; &ldquo;Place&rdquo;
and &ldquo;Baby Place&rdquo; brand names. As of May 3, 2014, the Company operated 1,106 stores in the United States, Canada and
Puerto Rico, an online store at <U>www.childrensplace.com</U>, and had 48 international stores open and operated by its franchise
partners.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Forward Looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>This press release may contain certain forward-looking statements
regarding future circumstances, including statements relating to the Company&rsquo;s positioning, and forecasts regarding store
openings and adjusted net income per diluted share. These forward-looking statements are based upon the Company's current expectations
and assumptions and are subject to various risks and uncertainties that could cause actual results and performance to differ materially.
Some of these risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission, including
in the &ldquo;Risk Factors&rdquo; section of its annual report on Form 10-K for the fiscal year ended February 1, 2014. Included
among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company
will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive
nature of the Company&rsquo;s business and its dependence on consumer spending patterns, which may be affected by the continued
weakness in the economy or by other factors such as increases in the cost of gasoline and food, the risk that the cost of raw materials
or energy prices will increase beyond current expectations or that the Company is unable to offset cost increases through value
engineering or price increases, and the uncertainty of weather patterns. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date they were made. The Company undertakes no obligation to release publicly
any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission
by the Company or any other person that the events or circumstances described in such statement are material.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Contact: Investor Relations (201) 558-2400, extension 14500.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
