Thursday , September 23 2021

Charlotte Russe returning to the planning, will open 100 stores

Charlotte Russe, women's clothing retailer, is working on a return, just one month after announcing plans to close all of their stores.

The social media accounts of Charlotte Russe revealed this week that the "new Charlotte Russe" plans to reopen 100 stores around the United States and launch a "new online shopping experience."

"New team, New selection, New Charlotte Russe," said the company.

RELATED: Charlotte Russe "left the business", closing all her stores

The company had requested bankruptcy protection from Chapter 11 in February and announced on March 6 that it was leaving the business and closing all its stores.

According to a press release, the Charlotte Russe brand and related intellectual property were sold at the end of March to the clothing maker. According to its website, YM Inc. It includes brands such as Urban Planet, Sirens, Stiches, Bluenotes, Suzy and West49.

Charlotte Russe will be joining the YM brand portfolio, this acquisition has a beloved brand with a sophisticated retail platform and provides Charlotte Russe with a path to growth in the future. We thank our faithful clients and employees in recent months "said Dayna Quanbeck, acting CEO of Charlotte Russe.

The company has not yet revealed when and what stores it can reopen. According to Thursday's announcement, I should pay close attention to more details.

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