Former Charlotte Russe reports $51,459 net loss for May

By Sarah Lizee

Olympia, Wash., June 5 – CR Liquidating Holding, Inc., formerly Charlotte Russe Holding, Inc., reported a $51,459 net loss on zero gross income/sales for May, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported a $110,710 net loss on zero gross income/sales for April.

The cash balance at the end of May was $1.92 million, down from $1.97 million at the end of April.

Charlotte Russe is a San Diego-based women’s apparel company. The company filed bankruptcy on Feb. 3, 2019 under Chapter 11 case number 19-10210.

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