Fashion > Women

Charming Charlie Emerges From Bankruptcy

6 monthes ago   |   By WWD

Charming Charlie is no longer bankrupt.
The women's specialty chain has completed its financial restructuring and said it now has a “sustainable capital structure.”
Lana Krauter, chief executive officer, said, “Today marks a fresh start for Charming Charlie as we emerge as a stronger, more focused organization that is better positioned to serve customers in our 264 stores across the country.”
The majority equity holder of the company is THL Credit. Christopher Flynn, ceo of THL Credit, said, “We are pleased the creditors were able to come to an agreement that positions Charming Charlie...
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