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Market Commentary on Charlotte Russe Holding Inc.
0 Comments | M2 Presswire, January, 2007
M2 PRESSWIRE-25 January 2007-Large Cap News: Market Commentary on Charlotte Russe Holding Inc.(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:25012007 Charlotte Russe Holding is sweet on women's clothing. The mall-based retailer operates about 385 Charlotte Russe clothing stores in some 43 states and Puerto Rico.
The stores offer established and trendy fashions for women ages 15 to 35 and priced 20 to 30 lower than competitors. Most merchandise carries the company's proprietary labels (Charlotte Russe, Refuge, and blu Chic). The company shutdown its struggling 64-store Rampage chain in 2006, converting several locations to Charlotte Russe stores. Previously, the retailer had discontinued all 10 of its Charlotte's Room concept stores. Investment firm Apax Funds owns...
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