An announcement from Carter’s ( (CRI) ) is now available.
On March 26, 2025, Carter’s, Inc. announced the appointment of Douglas C. Palladini as the new Chief Executive Officer and President, effective April 3, 2025. Palladini, who brings extensive experience from his previous role as Global Brand President of Vans, is expected to enhance Carter’s direct-to-consumer and wholesale businesses, drive consumer loyalty, and expand international reach. His leadership is anticipated to foster innovation and customer engagement, strengthening Carter’s connection with families worldwide. The appointment follows a comprehensive search, and Palladini’s strategic vision is seen as pivotal for building upon the company’s strong foundation in providing high-quality, affordable apparel for young children.
More about Carter’s
Carter’s, Inc. is the largest branded marketer in North America of apparel exclusively for babies and young children. The company owns well-known brands such as Carter’s and OshKosh B’gosh, which are sold through over 1,000 company-operated stores in the United States, Canada, and Mexico, as well as online. Carter’s is also a major supplier to leading retailers in North America and owns brands like Child of Mine, Just One You, Simple Joys, Little Planet, and Skip Hop.
YTD Price Performance: -21.52%
Average Trading Volume: 1,337,773
Technical Sentiment Signal: Buy
Current Market Cap: $1.5B
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