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  "documentTitle": "Macellum The Childrens Place Presentation April 2015",
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  "notes": "Includes a direct quote from a Warnaco spokesperson crediting Barington for accelerating necessary actions.",
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      "text": "In September 2006, Barington met with Warnaco's management team to discuss measures to improve shareholder value and improve execution in light of the Company's past operating disappointments. Among other things, Barington made specific operational suggestions to improve margins through better merchandising and SG&A and corporate expense reductions. Barington also recommended that the Company dispose of non-core brands and licenses, especially underperforming divisions of the Company's intimate apparel and swimwear segments.\nCEO Joseph Gromek began implementing most of Barington's suggestions, including the disposition of underperforming non-core assets, and improved execution by Warnaco's management team, resulting in improved margins.\nIn October 2006, Warnaco sold its Ocean Pacific brand for $54 million.\nIn December 2007, Warnaco sold its Catalina, Anne Cole and Cole of California brands for $23 million.",
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