BNET Industries
Last Fiscal Year Sales:$823.2M
- Public
- US
Dow Jones Description
Charlotte Russe is on a retail rampage. Founded in 1975 and headquartered in San Diego, CA, Charlotte Russe Holding, Inc. (NASDAQ-GS: CHIC) operates two chains of clothing retail stores. The company has over 400 Charlotte Russe and Rampage stores in 42 US states and Puerto Rico. It targets young women ages 15 to 35 by offering trendy clothing and lifestyle accessories at a lower price than competitors. Its brands include Charlotte Russe and Heart Moon Star. The company had 2005 revenue of about $603.8 million and has about 1,830 full-time employees. During the first six months of financial year 2006, ended March 25 2006, the company opened 14 new stores.
Interim Chief Executive Officer
Leonard H. MogilNumber of Employees 2,271
Contact Information
4645 Morena Blvd
San Diego, California 92117-3650
(858) 587-1500
Peer Companies
NAICS Code Women's Clothing Stores: 448120
Recent Events
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Advent Buys Charlotte Russe for $380M Posted Oct 14, 2009
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Charlotte Russe Completes Transformation Into Private Firm
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Stocks in the Spotlight Monday
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Charlotte Russe settles on suitor
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Charlotte Russe To Be Acquired By Advent International For $380 Mln - Update
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Charlotte Russe Sold
News & Analysis
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charlotte russe holding inc. - All News and Analysis
Charlotte Russe to Be Acquired; KarpReilly Misses Upside
Brendan Wagner submits: Charlotte Russe CHIC, a mall-based young women's retailer, agreed to be taken private by private equity firm Advent International Corporation. Management initiated a process to sell the company after being pressured by activist investors, and appears to have been in the right in arguing that previous offers...
Charlotte Russe Holding, Inc. F3Q09 (Qtr end 6/27/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first call comes from Elizabeth Pierce – Roth Capital Partners. Elizabeth Pierce – Roth Capital Partners My congratulations in a very, very tough environment. What I really wanted to hone in on is the gross margin. Obviously this is what's been positively surprising and...
Charlotte Russe Holding, Inc. F3Q09 (Qtr end 6/27/09) Earnings Call Transcript
Charlotte Russe Holding, Inc. F3Q09 Earnings Call July 21, 2009 4:30 pm
Charlotte Russe Holdings, Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Janet Kloppenberg – JJK Research. Janet Kloppenberg – JJK Research I was wondering if Emilia could talk a little bit about how effective and timely the new sourcing efforts will be in terms of helping the IMU and if she...
Charlotte Russe Holdings, Inc. F1Q09 (Qtr End 12/27/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions One moment please for your first question. Your first question is from Betty Chen – Wedbush Morgan Securities. Betty Chen – Wedbush Morgan Securities John, I was wondering if you can walk us through just the rationale by the Board and the...
Charlotte Russe Holding, Inc. F4Q08 (Qtr End 9/30/08) Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Operator Instructions Your first question comes from Janet Kloppenburg - JJK Research. Janet Kloppenburg - JJK Research I wanted to just talk about some of the implementation strategies that you talked about on the call and the timing of these programs....
Shareholder Letter to Charlotte Russe Board
The Charlotte Russe CHIC Board of Directors needs to stop being entrenched and act in the best interests of the shareholders. The recent "poison pill" adoption is not in the shareholders' best interest, nor is a Board of Directors where very few have any economic interest in the Company other...
Charlotte Russe Holding, Inc. F3Q08 (Qtr End 06/28/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question is coming from Milly Chen with Wedbush Morgan. Milly Chen - Wedbush Morgan I’m calling for Betty Chen and my question is in regard to the refurbishment program, if you could talk a little bit more about that and how...
Charlotte Russe Holding, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. The call is now open for questions. Operator instructions Our first question is coming from Jeff Klinefelter of Piper Jaffray. Please go ahead. Jeffrey Klinefelter - Piper Jaffray Yes, thank you. A couple of questions for you Mark and Patty, just starting...
Charlotte Russe Holding, Inc. F1Q08 (Qtr End 12/29/07) Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. The floor is now open for questions. Operator instructions Our first question is coming from Janet Kloppenburg with JJK Research. Please go ahead. Janet Kloppenburg - JJK Research Good Afternoon. Mark Hoffman Afternoon, Janet. Janet Kloppenburg - JJK Research ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Leonard H. Mogil | Interim Chief Executive Officer |
| Edward Wong | Chief Supply Chain Officer |
| Bradley M. Cunningham | Senior Vice President |
| Christopher M. Monier | Vice President, Distr & Logistics |
| Graham P. Luck | Vice President, Real Estate & Store Design |
| Janel S. Sobeck | Vice President, Visual Mdsg |
| Jennifer D. Mitchell | Vice President, Mdse Planning & Allocation |
| Jennifer L. Bolinger | Vice President, HR |
| Kara E. Stangl | Vice President, Charlotte Russe Accessories |
| Nancy E. Mamann | Vice President, Marketing |
| Teresa D. Sedlar | Vice President, Importing |
| Zina Rabinovich | Vice President & Controller |
| Nancy Sattler-Mamann | Marketing Manager |
| Patti Shields | General Mdse Manager |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Bernard Zeichner | Chairman |
| Allan W. Karp | Board of Directors |
| Daniel C Carter | Board of Directors |
| David J. Oddi | Board of Directors |
| Jennifer C. Salopek | Board of Directors |
| Paul R. Del Rossi | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Interim Chief Executive Officer | Current |
| Charlotte Russe Holding, Inc. | Board of Directors | Current |
Mr. Wong was promoted to Chief Operating Officer in August 2008 after having served as our Executive Vice President, Chief Supply Chain Officer since June 2006. Mr. Wong joined us as our Vice President of Information Systems in December 2003 and was subsequently promoted to Senior Vice President of Supply Chain and Systems in June 2004. From 2002 through 2003, Mr. Wong was Executive Vice President of Supply Chain Technologies for Factory2-U, a retailer which operated over 420 stores. Previously, Mr. Wong was employed by ProfitLogic, a provider of markdown optimization systems, from 2001 to 2002 where he was Vice President of Solution Design. He began his retail career in 1979 at the Sears department store chain and served in various positions at Macy’s, Mervyn’s, Gap, Eddie Bauer and Gymboree.
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Chief Supply Chain Officer | Current |
| Charlotte Russe Holding, Inc. | Senior Vice President, Supply Chain & Sys | Former |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Vice President, Distr & Logistics | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Vice President, Real Estate & Store Design | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Vice President, Visual Mdsg | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Vice President, Mdse Planning & Allocation | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Vice President, Charlotte Russe Accessories | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Vice President, Importing | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Vice President & Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Marketing Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | General Mdse Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Chairman | Current |
| Charlotte Russe Holding, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Board of Directors | Current |
Dr. Carter co-founded and led the Company since its formation in 1997. Prior to starting New Century, Dr. Carter was employed by NASA for a period of 11 years in positions of increasing responsibility including Chief of the Biophysics and Advanced Materials Branch. He founded the Laboratory for Structural Biology at Marshall Space Flight Center; and, most importantly, he was the Principal Investigator of a structural biology group that discovered and refined the structure of human serum albumin and its principal domains. Dr. Carter has been the Principal Investigator on more than 15 microgravity experiment payloads carried out on board the Space Shuttle, Mir, and the International Space Station. Dr. Carter also served NASA in a Senior Executive Service (SST) appointment as the Senior Scientist for Biophysics at the Marshall Space Flight Center. During his tenure at NASA, Dr. Carter was awarded the prestigious NASA Inventor of the Year Awards (1990, 1991) and the NASA Exceptional Service Medal (1997). He has authored more than 70 scientific publications and has 30 patents and patents pending. Dr. Carter earned a PhD in Crystallography focusing in macromolecular structure determination from the University of Pittsburgh, an MS in Organic Chemistry focusing in pharmaceutical derivations from marine natural products from the University of Hawaii, and a BS in Chemistry and BA in Psychology from the University of Oklahoma.
| Organization | Position | Status |
|---|---|---|
| New Century Pharmaceuticals, Inc | Co-Founder, Chairman and President and Chief Executive Officer | Current |
| Semtek Innovative Solutions, Inc. | Chief Financial Officer | Current |
| Charlotte Russe Holding, Inc. | Board of Directors | Current |
| Charlotte Russe Holding, Inc. | Chief Financial Officer | Former |
| National Aeronautics and Space Administration | Former | |
| University of Pittsburgh | PhD In Crystallography | Former |
| University of Pittsburgh | Ms | Former |
| The University of Oklahoma | Bs In Chemistry and Ba In Psychology | Former |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Board of Directors | Current |
Ms. Salopek has served as a member of our Board of Directors since February 2006 and currently serves as the Chairman of the Board of Directors. She also currently serves as a Principal with ARC Business Advisors, LLC. Prior to co-founding this firm in 2005, she was Executive Vice President with Tommy Hilfiger Corporation from 2004 to 2005. Previously, Ms. Salopek served as Partner with PriceWaterhouseCoopers Consulting and its successor, IBM Business Consulting Services, during her tenure from 1999 to 2004, and she served as Vice President of Strategic Planning and subsequently Senior Vice President of Retail for Calvin Klein from 1994 to 1999. She began her career in 1983 at Price Waterhouse, where she became a Certified Public Accountant, and worked for their Management Horizons retail consulting practice from 1989 to 1994.
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Charlotte Russe Holding, Inc. | Board of Directors | Current |
Executive News
-
Charlotte Russe Sold
-
Charlotte Russe chain taken private
-
Charlotte Russe To Be Acquired By Advent International For $380 Mln - Update
-
Charlotte Russe Holding, Inc. Agrees to be Acquired by Advent International Corporation for $17.50 Per Share In Cash
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