SB360 Conducts Liquidation Sales at all Remaining Charlotte Russe Stores

After 44 years, fast-fashion retailer Charlotte Russe is going out of business and closing all of the company’s remaining 416 store locations. A U.S. Bankruptcy Court approved an order naming SB360 Capital Partners as agent for the liquidation.

Gordon Bros, Hilco Serve as Stalking Horses in Charlotte Russe Sale

Charlotte Russe Holdings and its subsidiaries entered discussions with prospective bidders for a going-concern sale of the company to continue its brick-and-mortar and online platforms.

BofA to Agent $50MM DIP Funding for Fashion Brand Charlotte Russe

Women’s fashion brand Charlotte Russe voluntarily filed for relief under Chapter 11 of the Bankruptcy Code. Bank of America will serve as agent on $50 million in DIP financing for the company.