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Children's Place names international business development head
Secaucus, N.J. -- The Children's Place Retail Stores said Wednesday it has appointed James Bruce Marshall as senior VP and managing director, International Business Development, effective March 24. He will report directly to Jane Elfers, president and CEO.
Marshall was previously senior VP and managing director international development and operations, for Claire's Stores, where he was responsible for joint venture and franchise operations across 23 countries. -
PacSun losses continue in Q4
Anaheim, Calif. -- Pacific Sunwear of California announced that total sales for the fourth quarter of fiscal 2010 were $263 million, a decrease of 10% from total sales of $293 million for the fourth quarter of fiscal 2009. Total company same-store sales decreased 7% during the fourth quarter of fiscal 2010.
The company reported a net loss of $35 million, or 53 cents per share, for the fourth quarter of fiscal 2010 compared with a net loss of $36 million, or 56 cents per share, for the fourth quarter of fiscal 2009.