USA: Charlotte Russe Posts Profit Slip, Hires Key Staff
Specialty retailer of value-priced apparel and accessories for young women, Charlotte Russe Holding Inc, on Thursday posted a slight fall in fourth quarter net profit and announced two key appointments. The California-based operator of more than 310 stores said net income for the quarter ended September 27 slipped three per cent to $5.7 million, or 24 cents per share, from $5.9m, or 25 cents, last year.