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Former Charlotte Russe marks $2.85 million loss for June 2 to July 6
By Caroline Salls
Pittsburgh, July 23 – CR Liquidating Holding, Inc., formerly Charlotte Russe Holding, Inc., reported a $2.85 million loss from operations for the period of June 2 through July 6 on zero net sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, CR Liquidating posted a $1.59 million loss from operations for the period of May 5 through June 1 on negative $259,000 in net sales.
The company had $2.41 million in cash and cash equivalents as of July 6, down from $3.79 million at June 1.
Charlotte Russe is a San Diego-based women's apparel company. The company filed bankruptcy on Feb. 3 under Chapter 11 case number 19-10210.
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