About Charlotte Russe: Charlotte Russe is an American clothing retail chain store that operated in the United States, headquartered in San Francisco, California. Fashions in the stores are targeted at women in their teens and twenties. The company owns and operates stores in 45 states. As of June 2014, Charlotte Russe operates 560 stores, mostly in malls and shopping centers. It filed for Chapter 11 bankruptcy on February 4, 2019. It was announced on March 7, 2019 that it would be closing all of its remaining stores and would be attempting to sell the brand's intellectual property. In April 2019 the company under new ownership has announced on its website that it will reopen 100 retail locations. After the company announced it was closing its stores, the brand was sold to Toronto-based YM Inc., according to a press release.