Cole Haan
Cole Haan was included in the USA Today list of 26 at-risk companies in 2018. The company tried to adapt to the popularity of athletic shoes by focusing on sneakers over dress shoes. Previously owned by Nike, Apax Partners brought the luxury footwear line in 2013. It had to let go of the famous comfort technology used by its former parent company. On top of that, it had to compete with it now as well!
Cole Haan
Charlotte Russe
In March 2019, Charlotte Russe started to liquidate and stop operations in its stores. It declared bankruptcy in February 2019 but originally wanted to shut down 94 retail stores back then. A liquidator won the auction in bankruptcy court, which is why IT shot up to 500 stores. One factor in its downfall might be the fact that its stores were located in malls. We all know that they are no longer popular!
Charlotte Russe
