Children’s Place to Open Retail Stores in Israel

The Children’s Place Retail Stores, Inc., announced last week that it has signed a ten-year franchise agreement with Fox-Wizel Ltd. to open stores across Israel, with the first to open during the first quarter of 2014. “International growth is one of our key initiatives and following our very successful launch in the Middle East in 2012, we are excited to be expanding into Israel next year,” said Jane Elfers, president and CEO of The Children’s Place. “Israel is a well-developed retail market with a strong children’s apparel business. We look forward to working with Fox-Wizel, which has a proven track record of operating successful apparel brands in Israel,” she added.