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The Children’s Place has rough Q2
Secaucus, N.J. – Specialty apparel retailer The Children’s Place Inc. saw its net loss grow and net sales drop in a difficult second quarter of fiscal 2015.
Net loss increased to $13.7 million, from $10.7 million in the same quarter a year earlier.
Higher selling, general and administrative (SG&A) expenses, as well as several non-recurring items including legal fees, impairment charges and restructuring costs, helped push The Children’s Place further into the red.

