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Debenhams PLC, Britain's second-largest department store chain, on Thursday announced the resignation of its chief financial officer Simon Herrick. Herrick had quit his post two days after the retail chain issued its second profit warning in less than a year.
Children's Place, the largest children's apparel retailer in the US, is in talks with Arvind Brands about a possible India entry next year. Children's Place is looking to expand its market outside North America.