On the record · Other
Charlotte Russe
Advent's $380M acquisition failed to adapt to changing fashion retail. All 512 stores liquidated in 2019.
Also known as Charlotte Russe Holding
Research depth
Outcomes researched
Reviewed operating findings or a classified operating outcome are available.
Record updated Sept. 4, 2026
Current ownership
Current owner not established
This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.
1 ownership record has an unresolved current/former status.
Ownership and transaction history
Chronology from recorded ownership periods, transactions and reviewed outcome events. Event order does not imply causation.
March 1, 2019
Operations ceased
Operating outcome
March 1, 2019
Revival or successor activity recorded
Operating outcome
Date not recorded
What happened under and after ownership
Operating outcome
Ceased operations, then returned
Liquidated all 500-plus stores after a February 2019 Chapter 11 filing.
YM Inc., a Toronto retailer, bought the brand and intellectual property for $6.4 million in March 2019 and has since reopened more than 135 stores plus e-commerce.
As of a November 2019 report, operated by YM Inc.
- Founded
- 1975
- Sponsor at closure
- Advent International
- Retail Dive · YM Inc. acquisition, store reopenings
- Wikipedia · founded 1975 in San Diego; Advent International bought the chain for $380 million in 2009 and controlled it through the February 2019 Chapter 11 filing
- Fortune · attributes the 2019 bankruptcy mainly to e-commerce competition; notes Charlotte Russe struck a 2018 debt-reduction deal cutting debt to $124 million before ult
What we do not know
These are gaps in the public record, not findings about the organization.
- No current public ownership assessment has been published.
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