Exhibit 14

MOTHERS WORK, INC.
CODE OF BUSINESS CONDUCT AND ETHICS

Introduction

This Code of Business Conduct and Ethics (the "Code") covers a wide range of business practices and procedures. It does not cover every issue that may arise, but
it sets out basic principles to guide directors, officers and employees of Mothers Work, Inc. (the "Company"). All of our directors, officers and employees must conduct themselves accordingly
and seek to avoid even the appearance of improper behavior.

If
a law conflicts with a policy in this Code, you must comply with the law; however, if a local custom or policy conflicts with this Code, you must comply with the Code. If you have any
questions about these conflicts, you should ask your supervisor how to handle the situation.

This
Code will be strictly enforced. All managers and supervisors are required to enforce this policy and are not permitted to sanction or condone violations. There will be serious
adverse consequences for non-adherence to the Code, which may include removal from a position as director or officer, and dismissal as an employee of the Company. If you are in a situation which you believe may violate or lead
to a violation of this Code, you should follow the procedures described in Sections 16-18 of this
Code.

1.     Compliance with Laws

Obeying the law, both in letter and in spirit, is the foundation on which this Company's ethical standards are built. All directors, officers and employees must
obey the laws of the cities, states and countries in which we operate. Although not all employees are expected to know the details of these laws, it is important to know enough to determine when to
seek advice from supervisors, managers or other appropriate personnel.

2.     Ethical Conduct

Beyond compliance with laws, the Company requires that all its directors, officers and employees act in a manner which meets the highest standards of ethical
behavior. This includes the obligation to avoid any actual or apparent conflicts of interest in personal and professional relationships. The honesty and integrity of the Company's business conduct
must not be compromised. The Company will not condone ethical violations for the sake of personal gain, personal advantage, expediency or perceived business advantage.

3.     Accounting, Auditing Matters and Public Disclosure Obligations

The Company's requirement that directors, officers and employees follow the highest ethical standards applies directly to all actions which involve business
accounting, financial reporting, internal accounting controls, auditing matters and public disclosure obligations. Full, fair, accurate, timely and understandable disclosure is required in all reports
and documents that the Company files with, or submits to, the Securities Exchange Commission (the "SEC") and in any other public communications.

The
Audit Committee of the Company has adopted special procedures for the receipt, retention and treatment of complaints regarding accounting, internal accounting controls or auditing
matters. These procedures are set out in Sections 17 and 18 of this Code.

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4.     Conflicts of Interest

Any direct or indirect conflict of interest between the Company and any director, officer or employee is prohibited unless otherwise consented to by the Company.
The Company believes that it is in its best interests and is consistent with the obligations of directors, officers and employees to the Company to establish a policy that all business decisions will
reflect independent judgment and discretion, uninfluenced by any considerations other than those honestly believed to be in the best interests of the
Company and its shareholders. Any decision will be deemed to be in conflict with the interests of the Company if, in the course of affiliation with the Company, the judgment and discretion of a
director, officer or employee is or may be influenced by considerations of personal gain or benefit, or gain or benefit to a third party, whether or not affiliated with the director, officer or
employee. The divided loyalty that is present when a director, officer or employee has a conflict of interest could potentially lead to serious problems for the Company and could be grounds for
disciplinary action or termination by the Company.

It
is not possible to describe every situation or occurrence that could lead to a conflict of interest between a director, officer or employee and the Company. The following events are
intended to describe, by way of example, situations that could occur that could lead to a conflict of interest with the Company:



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5.     Insider Trading; Short Sales

Directors, officers and employees who have access to material confidential information are not permitted to use or share that information for securities trading
purposes or for any other purpose except the conduct of the Company's business and in strict conformity with all applicable laws and SEC regulations. All non-public information about the
Company should be considered confidential information. To use non-public information for personal financial benefit or to "tip" others who might make an investment decision on the basis of
this information is not only
unethical but also illegal. Trading in the securities of other companies with which the Company has a relationship is also prohibited. Directors, officers and employees who have access to material
inside information may not engage in "short sales" of the Company's securities or derivative securities. If you have any questions, please consult the Company's General Counsel.

6.     Corporate Opportunities

All directors are prohibited from taking for themselves opportunities that are discovered through the use of corporate property, information or position without
the consent of the Board of Directors. No director, officer or employee may use corporate property, information or position for improper personal gain or compete with the Company either directly or
indirectly. Directors, officers and employees owe a duty to the Company to advance the Company's legitimate interests when the opportunity to do so arises.

7.     Competition and Fair Dealing

The Company seeks to outperform its competition fairly and honestly. The Company seeks competitive advantages through superior performance, never through
unethical or illegal business practices. Stealing proprietary information, possessing trade secret information that was obtained without the owner's consent or inducing such disclosures by past or
present employees of other companies is prohibited. Each employee should endeavor to respect the rights of and to deal fairly with the Company's customers, suppliers, competitors and employees. No
employee should take unfair advantage of anyone through manipulation, concealment, abuse of privileged information, misrepresentation of material facts or any other intentional act or practice.

The
purpose of business entertainment and gifts in a commercial setting is to create goodwill and sound working relationships, not to gain unfair advantage with customers or suppliers.
Employees should discuss with their supervisor or manager any gifts or proposed gifts of which they are not certain are appropriate.

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8.     Discrimination, Harassment and Retaliation

The diversity of the Company's employees is a tremendous asset. We are firmly committed to providing equal opportunity in all aspects of employment and will not
tolerate discrimination, harassment or retaliation. The Company's policy against discrimination applies to any legally protected status,
including race, color, gender, religion, national origin, disability, veteran status and age. This policy also prohibits discrimination against any person who provides information to a federal
regulatory or law enforcement agency, a member of Congress or any committee of Congress or to a supervisor concerning conduct which the employee reasonably believes constitutes a violation of
securities laws or any provision of federal law relating to fraud against shareholders. The Company also prohibits discriminatory harassment of any employee covered by the policy against
discrimination.

No
director, officer or employee may retaliate against an individual for bringing a complaint of discrimination or for participating in an investigation or proceeding involving a
complaint of discrimination.

No
one may take any action harmful to any person for providing to a law enforcement officer any truthful information relating to the commission or possible commission of any federal
offense.

9.     Health and Safety

The Company strives to provide each employee with a safe and healthy work environment. Each employee has responsibility for maintaining a safe and healthy
workplace for all employees by following safety and health rules and practices and reporting accidents, injuries and unsafe conditions.

Violence
and threatening behavior are not permitted. Employees should report to work in condition to perform their duties, free from the influence of illegal drugs or alcohol. The use of
illegal drugs in the workplace will not be tolerated.

10.   Record-Keeping

The Company requires honest and accurate recording and reporting of information in order to make responsible business decisions. For example, only the true and
actual number of hours worked should be reported.

Many
employees regularly use business expense accounts, which must be documented and recorded accurately. If you are not sure whether a certain expense is legitimate, ask your supervisor
or your controller.

All
of the Company's books, records, accounts and financial statements must be maintained in reasonable detail, must appropriately reflect the Company's transactions and must conform to
applicable legal requirements, generally accepted accounting principles and the Company's system of internal controls. Further, it is prohibited under federal law and Company policy to fraudulently
influence, coerce, manipulate or mislead the Company's independent public accountants for the purpose of rendering the Company's financial statements materially misleading. Full, fair, accurate,
timely and understandable disclosure is required in all reports and documents that the Company files with, or submits to, the SEC and in any other public communications.

Business
records and communications often become public and directors, officers and employees should avoid exaggeration, derogatory remarks, guesswork or inappropriate characterizations
of people and companies that can be misunderstood. This applies equally to e-mail, internal memos and formal reports. Records should always be retained or destroyed according to the
Company's record retention policies. In accordance with those policies, in the event of litigation or governmental investigation, please consult the Company's General Counsel.

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11.   Confidentiality

Employees must maintain the confidentiality of the information entrusted to them by the Company or its customers, except when disclosure is authorized by the
President and Chief Executive Officer, a Senior Vice President, the Company's General Counsel, or required by law. Confidential information includes all non-public information that might
be of use to competitors or harmful to the Company or its customers, if disclosed. It also includes information that suppliers and customers have entrusted to us and even the identities of our trading
partners. The obligation to preserve confidential information continues even after employment ends.

12.   Protection and Proper Use of Company Assets

All employees should endeavor to protect the Company's assets and ensure their efficient use. Theft, carelessness and waste have a direct impact on the Company's
profitability. Any suspected incident of fraud or theft should be immediately reported for investigation.

The
obligation of employees to protect the Company's assets includes the Company's proprietary information. Proprietary information includes intellectual property such as trade secrets,
patents, trademarks and copyrights, as well as business, marketing, product development and service plans, records, salary information and any unpublished financial data and reports. Unauthorized use
or distribution of this information would violate Company policy. It could also be illegal and result in civil or even criminal penalties.

13.   Payments to Government Personnel

The U.S. Foreign Corrupt Practices Act prohibits giving anything of value, directly or indirectly, to officials of foreign governments or foreign political
candidates in order to obtain or retain business. It is strictly prohibited to make illegal payments to government officials of any country. In addition, the U.S. government has a number of laws and
regulations regarding business gratuities which may be accepted by U.S. government personnel. The promise, offer or delivery to an official or employee of the U.S. government of a gift, favor or other
gratuity in violation of these rules would not only violate Company policy but could also be a criminal offense. State and local governments, as well as foreign governments, may have similar rules.
The Company's General Counsel can provide guidance to you in this area.

14.   Political Contributions

A corporation is prohibited from making a political contribution to any candidate for federal office. In addition, virtually every state either limits or
prohibits the making of political contributions by a corporation to a state or local candidate or political party. If any of the Company's customers request that the Company make a political
contribution, it is essential that prior approval is given by the General Counsel before any contribution is made. Under no circumstances shall the Company make a political contribution to any federal
candidates.

15.   Waivers of the Code of Business Conduct and Ethics

Any waiver of this Code for executive officers or directors may be made only by the Board of Directors and will be promptly disclosed as required by law or Nasdaq
rules.

16.   Personal Responsibility

It is essential that the Company ensures prompt and consistent action against violations of this Code. However, in some situations it is difficult to know right
from wrong. Since directors, officers and

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employees
cannot anticipate every situation that will arise, it is important to have guidelines on how to approach a new question or problem. These are the steps to keep in mind:



17.   Reporting/Investigation Procedures

Any employee who reasonably believes that there has been a material violation of this Code should report it immediately to the Company's General Counsel. If the
violation is caused by questionable accounting or auditing matters, the employee may submit an anonymous complaint as discussed in Section 18. Upon receipt of a complaint, the General Counsel
or Audit Committee or other designee shall promptly investigate the matter. The General Counsel and Audit Committee will treat the matter as confidential to the fullest extent possible consistent with
the need to investigate. Absolute confidentiality of the complaint, however, cannot be guaranteed because the very fact of conducting an investigation may lead employees or other persons to reach
conclusions of their own. Anyone involved in an investigation under these procedures, whether as witnesses, participants in the performance of the investigation or otherwise, will be informed of their
obligation to maintain confidentiality and will be asked to sign an acknowledgment of this obligation. There shall be no discrimination or retaliation against any employee for bringing a complaint
under these procedures or against any person for participating in the investigation. If the investigation leads to a conclusion that a material violation of the Code has occurred, the Company will
take appropriate corrective action, which may include removal from a position as director or officer and dismissal as an employee of the Company.

The
Company recognizes the potentially serious impact of a false accusation. Employees are expected as part of the ethical standards required by this Code to act responsibly in making
complaints. Making a complaint without a good faith basis is itself an ethical violation. Any employee who makes a complaint in bad faith will be subject to appropriate corrective action, including
dismissal.

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18.   Procedures for Submitting Confidential, Anonymous Complaints Regarding Accounting and Auditing Matters

As an alternative to the procedures described in Section 17, any employee who reasonably believes that there has been a material violation of this Code
caused by questionable accounting or auditing matters may submit confidential, anonymous complaints in writing to the General Counsel or the Audit Committee Chairperson. Complaints must provide
sufficient information so that a reasonable investigation can be conducted and may be made in writing directly to either (a) Craig Swartz, the General Counsel of Mothers Work, Inc. (the
"Company") at the office (456 N. 5th St., Philadelphia, PA 19123; email: cswartz@motherswork.com) or (b) Elam M. Hitchner, III, the Chairman of the Audit Committee of the Board of
Directors of the Company (the "Audit Committee Chairman") at the offices of the Company (456 N. 5th St., Philadelphia, PA 19123; email: lhitchner@aol.com).

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