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Charlotte Russe

Chain of clothing stores for young women.

575 Florida St.
San Francisco, CA 94110
Employees: 2,069
CEO: Jenny Ming
Privately held

Website: http://www.charlotterusse.com

Career Site

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