Thread regarding Charlotte Russe Holding Inc. layoffs

Well this is what I heard from Finacial insistute, we are using factoring fiancial insistute to collect our money

Well this is what I heard from Finacial insistute, we are using factoring fiancial insistute to collect our money. Charlotte Russe is still factorable but if the order is too far out they won't. But at this point they are committing for immdiate deliveries.. which mean they are reviewing there account on a monthly basis.. As all of you know that New CR management team took the company in wrong direction. Which happens, and now they are going back to their old ways. Back to loyal CR customers. As a vendor I really do wish CR to turn back around and do good.. I'm getting orders and taking risk and hoping that CR will be back on track. I don't know if i'm making the right choice. I feel that vendors including myself needs to help CR and produce goods.. New styles so that they have chance to turn back around. CR definetly needs to get rid of all inventories at negative margin because it is proven that it is not working out and needs to bring in new sexy styles fast in order for them to turn around.. Key here is the new sexy styles at low cost. I'm risking over $400,000 thousad dollars of my company money right now. I know some of you here has bad taste with the new management but everyone here is working for CR or at least did before. Let keep our hope alive and try for one last time. I'm risiking big time here.. for the summer I'm committing over 8 styles for CR.. which will put me out of business if it doesn't do good.. but style that i'm selling is sexy and it will sell... Wait for the new styles for this summer. Lets Make this happen guys...

by
| 413 views | | no replies yet | Reply
Post ID: @OP+dz0SlZj

There are no replies in this thread yet. Be the first to post a reply below:

Post a reply

: