Chain of clothing
stores for young women.
575 Florida St.
San Francisco, CA 94110
CEO: Jenny Ming
Charlotte Russe is a mall-based specialty retailer of fashionable, value-priced apparel and accessories targeting young women in their teens and twenties.
The company has 560 stores nationwide. Stores are typically 6,500 - 7,000 square
feet and offer a wide selection of apparel and a full range of
accessories and footwear.
Headquarters are in San Francisco with operations in San Diego.
Charlotte Russe is owned by private equity firm Advent International. The company may go public again in the next year.
In 1975, the first Charlotte Russe store
opened in Carlsbad, CA and was dedicated to affordable women's
clothing. The name comes from Charlotte Russe, a French dessert.
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.
The company would go public in 1999.
In 2009, the company was acquired by investment firm Advent International for $380 million and no longer publicly traded.
- Medical insurance coverage
- Dental insurance coverage
- Vision insurance coverage
- Long term disability insurance
- 401k retirement plan with 25% employer match
- Employee stock purchase plan
- Paid vacation days
- Paid health leave
- Paid holidays
- Short Term Disability
- Life Insurance (basic and supplemental)
- And of course, the clothes, at a generous employee discount!
Updated September 29, 2014