<SEC-DOCUMENT>0001144204-17-030175.txt : 20170530
<SEC-HEADER>0001144204-17-030175.hdr.sgml : 20170530
<ACCEPTANCE-DATETIME>20170530171433
ACCESSION NUMBER:		0001144204-17-030175
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170530
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170530
DATE AS OF CHANGE:		20170530

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:		17878419

	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>v468105_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></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"><FONT STYLE="text-transform: uppercase"><B>WASHINGTON,
DC 20549</B></FONT></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"><B>FORM 8-K</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"><FONT STYLE="text-transform: uppercase"><B>CURRENT
REPORT</B></FONT></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
<FONT STYLE="text-transform: uppercase">S</FONT>ecurities 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: 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):
May 30, 2017</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; 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: justify">&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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&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"><FONT STYLE="font-size: 10pt">0-23071</FONT></TD>
    <TD STYLE="width: 50%; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">31-1241495</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Commission File Number)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(IRS Employer Identification No.)</FONT></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"><FONT STYLE="font-size: 10pt">500 Plaza Drive, Secaucus, New Jersey</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">07094</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Address of Principal Executive Offices)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Zip Code)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></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; border-bottom: Black 0.75pt solid">(201)
558-2400</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Registrant&rsquo;s Telephone Number, Including
Area Code)</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; border-bottom: Black 0.75pt solid">Not Applicable</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Former Name or Former Address, if Changed
Since Last Report)</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: 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">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="text-align: justify">Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="text-align: justify">Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="text-align: justify">Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR &#9;240.14d-2(b))</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="text-align: justify">Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR &#9;240.13e-4(c))</TD>
</TR></TABLE>

<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: justify">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&sect;230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (&sect;240.12-b-2 of this chapter).</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: right">Emerging Growth company&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&#168;</FONT></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: justify">If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards pursuant to Section 13(a) of the Exchange Act. <FONT STYLE="font-family: Wingdings">&#168;</FONT></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: justify"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&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"></TD><TD STYLE="width: 1in"><B>Item 8.01</B></TD><TD STYLE="text-align: justify"><B>Other Events.</B></TD></TR></TABLE>

<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 May 30, 2017, the Company announced that
John J. Sullivan has been appointed to the position of Chief Transformation Officer of the Company effective June 12, 2017. A copy
of the Company&rsquo;s May 30, 2017 press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></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"></TD><TD STYLE="width: 1in"><B>Item 9.01</B></TD><TD><B>Financial Statements and Exhibits.</B></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">(d)</TD><TD STYLE="text-align: justify">Exhibits</TD>
</TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in; text-align: left">Exhibit 99.1</TD><TD STYLE="text-align: justify">Press Release, dated May 30, 2017, issued by the Company
announcing the Company&rsquo;s appointment of John J. Sullivan as Chief Transformation Officer.</TD>
</TR></TABLE>

<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"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">2</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<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-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">&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, including Exhibit 99.1, Exhibit 99.2 and Exhibit 99.3, contains or may contain forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements
relating to the Company&rsquo;s positioning, and forecasts regarding store openings and earnings per diluted share from continuing
operations. 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. 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 January 28, 2017. 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 weakness in the economy which continue to affect the Company&rsquo;s target customer, the
risk that the Company&rsquo;s strategic initiatives to increase sales and margin are delayed or do not result in anticipated improvements,
the risk of delays, interruptions and disruptions in the Company&rsquo;s global supply chain, including resulting from foreign
sources of supply in less developed countries or politically unstable countries, 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">&nbsp;</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;*</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.25in; text-indent: 238.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.25in; text-indent: 238.5pt"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">3</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.25in; text-indent: 238.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">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-indent: 31.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: May 30, 2017</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">                                                                                                                                          <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: left"><B>THE CHILDREN&rsquo;S PLACE, INC</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 45%"></TD><TD STYLE="width: 7%; text-align: left">By:</TD><TD STYLE="text-align: justify; width: 48%; border-bottom: Black 1pt solid">/s/ Jane
                                         Elfers</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 45%"></TD><TD STYLE="width: 7%; text-align: left">Name:</TD><TD STYLE="text-align: justify; width: 48%">Jane Elfers</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 45%"></TD><TD STYLE="width: 7%">Title:</TD><TD STYLE="width: 48%">President and Chief Executive Officer</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;&nbsp;</P>

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

<!-- Field: Page; Sequence: 4; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">4</P></DIV>
    <!-- Field: /Page -->

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

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

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>v468105_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></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: center"></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; text-align: center"><IMG SRC="image_001.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><BR>
<B>THE CHILDREN'S PLACE APPOINTS JOHN J. SULLIVAN TO THE NEWLY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CREATED POSITION OF CHIEF TRANSFORMATION OFFICER</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"><B>SECAUCUS, N.J., May 30, 2017&mdash;The Children&rsquo;s Place,
Inc. (Nasdaq:PLCE)</B>, the largest pure-play children&rsquo;s specialty apparel retailer in North America, today announced the
appointment of John J. Sullivan to the newly created position of Chief Transformation Officer, effective June 12, 2017. Mr. Sullivan
will report to Michael Scarpa, Chief Operating Officer, and will assume responsibility for Information Technology, Business Process,
and Global Logistics and Distribution.</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">Jane Elfers, President and CEO said, &ldquo;We continue to make
significant progress on our key strategic growth initiatives - superior product, business transformation through technology, alternate
channels of distribution and fleet optimization &ndash; and each one of these initiatives still has significant upside. As we look
to the future, developing and implementing a best in class Personalized Customer Contact Strategy is our single biggest opportunity,
and we announced on our May 18<SUP>th</SUP> earnings call that we have made the decision to significantly accelerate the development
and implementation of this initiative. John&rsquo;s extensive track record of delivering successful transformations through OmniChannel
systems implementations, technology solutions, and business process re-engineering, coupled with his deep expertise in sourcing
and global logistics and distribution, makes him ideally suited to lead the next key phase of our&nbsp;transformation efforts.&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">Michael Scarpa, Chief Operating Officer added, &ldquo;I worked
closely with John at Liz Claiborne and his exceptional leadership qualities and deep experience in transformation, technology and
systems will be a tremendous asset to our organization.&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">Mr. Sullivan said, &ldquo;I am very excited to join the best-in-class
management team at The Children&rsquo;s Place to help realize the financial benefits associated with the significant opportunities
across the organization.&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">Over the course of his career, Mr. Sullivan has held several
senior level positions at major retailers. In his most recent role as Chief Operating Officer and President of Shared Services
at Ascena Retail Group, Mr. Sullivan was responsible for establishing OmniChannel capabilities across the enterprise, distribution
and fulfillment services, sourcing, IT, and project management. At QVC, Mr. Sullivan held the title of EVP and CIO and was responsible
for the company&rsquo;s global information systems and corporate project management office. And at Liz Claiborne, Mr. Sullivan
was Chief Information Officer and SVP with responsibility for sourcing, systems and customer service. Mr. Sullivan received his
BS in Management Information Systems and his MBA from Northeastern University.</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>&nbsp;</B></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<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></B></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 at retail and wholesale, 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 April 29, 2017, the Company operated 1,033 stores
in the United States, Canada and Puerto Rico, an online store at www.childrensplace.com, and had 156 international points of distribution
open and operated by its 6 franchise partners in 18 countries.</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>&nbsp;</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>This press release contains forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements
relating to the Company&rsquo;s positioning. 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. 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 January 28, 2017. 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 weakness in the economy which continue to affect the Company&rsquo;s target customer, the
risk that the Company&rsquo;s strategic initiatives to increase sales and margin are delayed or do not result in anticipated improvements,
the risk of delays, interruptions and disruptions in the Company&rsquo;s global supply chain, including resulting from foreign
sources of supply in less developed countries or politically unstable countries, 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Contact: Robert Vill, Group Vice President,
Finance, (201) 453-6693</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">&nbsp;</P>

<!-- Field: Page; Sequence: 2; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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





</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_001.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !8 (P# 2(  A$! Q$!_\0
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)HHH **** /_9

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