Charlotte Russe is a chain of clothing stores in the United States that is targeted to young women in their teens through twenties.
Daniel Lawrence and his two brothers formed the Lawrence Merchandising Corp. and opened a clothing store in 1975 in Carlsbad, California. They named the store Charlotte Russe after a favorite childhood desert.
The brothers quickly opened several more locations in San Diego.
In 1996 the company was acquired by the investment firm Saunders Karp & Megrue. The new owners implemented an ambitious growth strategy, making Charlotte Russe into a national chain of shopping mall stores and taking the company public in 1999.
The company was taken private by Advent International in 2009.
Today Charlotte Russe offers value-priced trendy apparel, shoes, and accessories in 500 stores in 45 states and Puerto Rico.
Charlotte RusseCharlotte Russe is a chain of clothing stores in the United States that is targeted to young women in their teens through twenties.
Daniel Lawrence and his two brothers formed the Lawrence Merchandising Corp. and opened a clothing store in 1975 in Carlsbad, California. They named the store Charlotte Russe after a favorite childhood desert.
The brothers quickly opened several more locations in San Diego.
History
In 1996 the company was acquired by the investment firm Saunders Karp & Megrue. The new owners implemented an ambitious growth strategy, making Charlotte Russe into a national chain of shopping mall stores and taking the company public in 1999.
The company was taken private by Advent International in 2009.
Today Charlotte Russe offers value-priced trendy apparel, shoes, and accessories in 500 stores in 45 states and Puerto Rico.