Charlotte Russe
FashionUSAClosed 2019
Total Raised
Undisclosed
Peak Valuation
$380M
Employees
—
Year Collapsed
2019
Business model
Fast-fashion mall retail chain targeting young women.
In brief
A mall-based fast-fashion chain popular with teens and young women for decades, taken private in a 2009 leveraged buyout that loaded significant debt onto the business right as mall traffic began its long decline. Unable to service that debt while competing against both faster on…
See the What Happened tab for the full account.
Key facts
- Founded
- 1975
- Closed
- 2019
- Headquarters
- San Diego, USA
- Industry
- Fashion
- Employees
- —
- Revenue
- Undisclosed
- Founders
- Berge Setrakian
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Often compared with: Forever 21, Zara.