**EXHIBIT      14**

**/S/Dorrit      J. Bern**

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| A                Message from Dorrit J. Bern                           | 1   |
|-----------------------------------------------------------------------------|----------|
| Our                Mission                                             | 3   |
| Our                Ethical Commitment                                  | 3   |
| Our                Standards. Our Commitments. Our Stakeholders        | 3   |
| Customers                and Marketplace                               | 4   |
| Associates                                                             | 4   |
| Our                Shareholders                                        | 4   |
| Our                Communities and the Public                          | 5   |
| Vendors                and Suppliers                                   | 5   |
| Our                Responsibilities as Charming Shoppes Associates     | 5   |
| The                Business Conduct Committee                          | 5   |
| When                and Where to Get Help or Report an Ethical Issue   | 6   |
| Waivers                of these Standards                              | 7   |
| Charming                Shoppes’ Policy Regarding Retaliation    | 7   |
| Frequently                Asked Questions                              | 7   |
| Our                Standards                                           | 8   |
| Accuracy                of Books, Records and Financial Statements     | 8   |
| Anti-boycott                and Import Laws                            | 9   |
| Antitrust                and Competition Laws                          | 9   |
| Associate                Privacy                                       | 10  |
| Bribery                and Corruption                                  | 10  |
| Competitive                Practices                                   | 11  |
| Confidential                Information                                | 11  |
| Conflicts                of Interest                                   | 13  |
| Customer                Privacy                                        | 14  |
| Drug                and Alcohol Use                                    | 15  |
| Environment                                                            | 15  |
| Equal                Treatment and Respect                             | 16  |
| Fair                Labor Practices                                    | 16  |
| Fraudulent                Behavior                                     | 17  |
| Gifts                and Entertainment                                 | 17  |
| Health                and Safety                                       | 19  |
| Loans                                                                  | 20  |
| Marketing                Integrity                                     | 20  |
| Political                Contributions and Activities                  | 20  |
| Public                and Media Communications                         | 21  |
| Records                Retention                                       | 21  |
| Use                of Company Assets                                   | 22  |

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| ·   | **Customers**              by              celebrating and advocating for her and by acting in harmony with ethical              customers relations principles, and with such honesty and respect for              her              to earn her trust, confidence, and loyalty; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | **Associates**              by              ensuring that our environment fosters trust, teamwork, mutual respect,              open and honest communication, and creative thinking; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | **Shareholders**              by              taking the necessary steps to deliver our commitments to them and build              long-term value; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | **Communities**              by              acting as a committed corporate citizen and by supporting community              initiatives that are significant to our customers; and |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | **Vendors**              and Suppliers by creating a mutually advantageous businesslike partnership              based on fairness, honesty and respect. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Customers      and Marketplace **

**Associates      **

**Our      Shareholders **

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**Our      Communities and the Public **

**Vendors      and Suppliers **

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| Tony                DeSabato (Chair) | Eric                Specter |
|--------------------------------------|-----------------------------|
| 215                638 6636          | 215                638 6740 |
| tony.desabato@charming.com           | eric.specter@charming.com   |
|                                 |                        |
| Colin                Stern           |                        |
| 215                638 6898          |                        |
| colin.stern@charming.com             |                        |

**Financial      Compliance Hotline (800-227-4602) **

**Business      Ethics Hotline (800-350-0329) **

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| ·   | Someone              in your reporting structure, |
|--------------------|---------------------------------------------------|

| ·   | A              senior leader, |
|--------------------|-------------------------------|

| ·   | Any              member of the Business Conduct Committee (Tony DeSabato, Eric Specter,              Colin Stern), |
|--------------------|--------------------------------------------------------------------------------------------------------------------|

| ·   | The              Business Ethics Hotline (800-350-0329), or |
|--------------------|-------------------------------------------------------------|

| ·   | The              Financial Compliance Hotline (800-227-4602) in the event of financial              disclosure, accounting, internal accounting controls, or auditing              matters. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Accuracy      of Books, Records and Financial Statements **

| ·   | Maintain              a system of effective internal controls, |
|--------------------|----------------------------------------------------------------|

| ·   | Maintain              books and records that in reasonable detail completely, accurately              and              fairly reflect the Company’s transactions, |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Prohibit              the unauthorized acquisition, use, or disposition of Company assets,              and              the establishment of any undisclosed or unrecorded funds or assets,              false              or misleading entries in              the Company’s books and records; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Maintain              a system of internal controls and procedures that will provide reasonable              assurances to management that material information about the Company              is              accumulated and              communicated to management, including the Chairman, President and CEO              and              CFO, to allow timely decisions regarding disclosure. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Books      and Records **

**Financial      Statements **

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**Q&A:      Accuracy of Books, Records, and Financial Statements **

**Anti-boycott      and Import Laws **

| ·   | Refusing              or agreeing to refuse to do business with a country, it’s nationals or              blacklisted companies for boycott-related purposes; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Discriminating              or agreeing to discriminate against individuals or companies on the              basis              of race, religion, sex, national origin or nationality; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Paying,              honoring, negotiating or implementing letters of credit containing              prohibited boycott provisions. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------|

**Antitrust      and Competition Laws **

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**Associate      Privacy **

**Q&A:      Associate Privacy **

**Bribery      and Corruption **

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**Q&A:      Bribery and Corruption **

**Competitive      Practices **

**Q&A:      Competitive Practices **

**Confidential      Information **

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**Intellectual      Property Protection **

**Computer      and Network Security **

**Q&A:      Confidential Information **

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**Conflicts      of Interest **

**Outside      Employment **

**Financial      Investments **

**Close      Personal Relationships **

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**Q      & A: Conflicts of Interest **

**Customer      Privacy **

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**Q&A:      Customer Privacy **

**Drug      and Alcohol Use **

**Q&A:      Drug and Alcohol Use **

**Environment      **

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**Equal      Treatment and Respect **

**Q&A:      Equal Treatment and Respect **

**Fair      Labor Practices **

**Q&A:      Fair Labor Practices **

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**Fraudulent      Behavior **

**Gifts      and Entertainment **

**Government      Associates **

**Gifts      **

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**Purchases      from Vendors **

**Q      & A: Purchases from Vendors. **

**Entertainment      **

**Corporate      Opportunities **

**Q&A:      Gifts and Entertainment **

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**Health      and Safety **

**Q&A:      Health and Safety **

**Insider      Trading **

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**Q&A:      Insider Trading **

**Loans      **

**Marketing      Integrity **

**Political      Contributions and Activities **

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**Q      & A: Political Activity **

**Public      and Media Communications **

**Q      & A: Public and Media Inquiries **

**Records      Retention **

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**Use      of Company Assets **

**Q&A:      Use of Company Assets **

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