Children’s Place received $48.6 million second tranche from majority shareholder, Mithaq.
Board reduced to six members, Jane Elfers remains CEO and director of the company.
Douglas Edwards appointed as independent director.
The company expects to close a $130 million term loan in March 2024 and is pursuing improved terms with Gordon Brothers.Children’s Place received $48.6 million second tranche from majority shareholder, Mithaq.
Board reduced to six members, Jane Elfers remains CEO and director of the company.
Douglas Edwards appointed as independent director.
The company expects to close a $130 million term loan in March 2024 and is pursuing improved terms with Gordon Brothers.
