Market Overview

Destination Maternity Announces Departure of Executive Vice President & Chief Financial Officer


Destination Maternity Corporation (NASDAQ:DEST) (the "Company")
announced today that David Stern, Executive Vice President & Chief
Financial Officer, has departed the Company, effective August 10, 2018.
The terms of the departure have been agreed in a Separation and Release

"We are confident in the abilities and talents of our finance and
accounting teams and our experienced Chief Accounting Officer, Rodney
Schriver," said Marla A. Ryan, Chief Executive Officer. "They will
continue to ensure continuity of our operations and financial reporting
until we have identified a candidate to succeed Mr. Stern as our Chief
Financial Officer."

Destination Maternity recently retained an executive search firm on an
ongoing basis and has initiated a formal search for Mr. Stern's
replacement. The Company will inform shareholders at the appropriate
time once a qualified candidate is chosen.

About Destination Maternity

Destination Maternity Corporation is the world's largest designer and
retailer of maternity apparel. As of May 5, 2018, Destination
Maternity operates 1,118 retail locations in the United
States, Canada and Puerto Rico, including 484 stores, predominantly
under the trade names Motherhood Maternity®, A Pea in the Pod® and
Destination Maternity®, and 634 leased department locations. The Company
also sells merchandise on the web primarily through its brand-specific
websites, and, as well as through its website. Destination Maternity has
international store franchise and product supply relationships in
the Middle East, South Korea, Mexico, Israel and India. As of May 5,
2018, Destination Maternity has 186 international franchised locations,
including 13 standalone stores operated under one of the Company's
nameplates and 173 shop-in-shop locations.

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