Company Story
The market created the demand; Charlotte Russe answered the need. In 1975, a clothing retailer dedicated to affordable women's clothing was founded, and its first store was opened in Carlsbad, California. Focused on women ranging from teens to early twenties, the store offered value-priced merchandise that followed understandable fashion trends. During the subsequent 20 years, the Company grew into a 35-store regional chain concentrated in Southern California generating $70 million of annual sales.
In September 1996, Saunders Karp & Megrue, a private equity investment firm, and Bernie Zeichner acquired Charlotte Russe from its founders with the intention of pursuing an accelerated national store expansion program. The new owners believed that a significant opportunity existed to leverage the strength of the Charlotte Russe concept and its new store economics by further penetrating existing markets and expanding the chain to other regions of the country. A total of 29 new stores were opened during the first two years under the new management team.
In the ten years since the ownership change, Charlotte Russe Holding, Inc. has more than quadrupled its store count, rising to more than 360 Charlotte Russe stores as of the end of July 2006. Through consistent execution and strong market positioning, the Company strives to continue to deliver significant revenue and operating profit growth.
Our Philosophy
Through fashion content, merchandise mix and exciting store layouts, design and merchandise presentation, Charlotte Russe projects the fashion attitudes and trends that appeal to a broad range of customers.
Charlotte Russe
Charlotte Russe stores deliver style in clothing and accessories, providing an exciting, fashionable assortment of merchandise that compliments virtually every facet of our customers' lifestyle. The stores provide fashion and lifestyle needs of young, fashion-conscious women in their teens and early twenties, offering trend right apparel and accessories at value prices.
With stores targeted at 6500 - 7000 square feet, Charlotte Russe takes full advantage of its size by offering a much broader assortment of merchandise than other competitors in our category. In addition to a wide selection of apparel, Charlotte Russe also offers a full range of accessories and footwear. Our accessory assortments enable customers to easily compliment their apparel selections.
Contact Us
Charlotte Russe Holding Inc.
4645 Morena Boulevard
San Diego, CA 92117
Phone: (858) 587-1500
Toll Free: (877) 266-9327
Fax: (858) 587-0902
investorrelations@charlotterusse.com
marketing@charlotterusse.com