Charlotte Russe Essay

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Charlotte Russe is a modern clothing company whose demographic revolves around that of young teen girls and has become an everyday brand. Daniel Lawrence and his two brothers originally started working in their family's New York Brooklyn clothing business but then left forming the Lawrence Merchandising Corp. In 1975, the first Charlotte Russe was established in 1975 in San Diego, California and the company has seen a booming increase in business sales ever since reaching a $51million revenue in 1991. Now owned by investment firm Advent International, Charlotte russe now has over 500 stores across 46 states in the US. Charlotte Russe aims to satisfy young women seeking sleek and fashionable clothing. The store has a wide variety of clothing …show more content…

An example of this is how the company uses colors such as pink and white. Pink is known to be a more delicate color that represents a charming, sweet, and feminine environment. It is also known as the color of universal love of oneself and of others. Using white associates the company with innocence, purity and a successful beginning. White is also known to be the color of perfection. Charlotte Russe allows their customers to look high-end and put together while staying in a reasonable budget. With their low prices and high-quality items, this is the selling point for most of their sales. The company’s biggest competitor stores include Rue 21, Forever 21, and H&M. Together these outlets are the biggest name brands in teen fashion and are shaping the modern fashion industry. Influenced by higher-level/higher-fashion brands, the main priority is to make these stylish looks …show more content…

Charlotte Russe will implement this event and therefore create a message that they want to associate with their brand. This fashion show will send all of its proceeds towards the National Down Syndrome Society towards further research and will create a new wave of people looking into Charlotte Russe and being interested in their fashion show. New products will be showcased during the fashion show and advertise the company’s new fall line.

b.Charlotte’s Rewards

i.Rewards programs are a simple way to bring in more revenue and create a stronger and more loyal clientele. By creating a rewards program for Charlotte Russe, the company will be able to motivate customers to return and purchase more products by offering discounts after a certain amount of money spent. Customers will give employees their phone numbers and emails in order to be found quickly in the system and be able to build up reward points every time they make a purchase. Charlotte Russe can offer a buy-one-get-one opportunity after spending $60 or more at their store and allow customers to earn percentages off of their purchases over

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