What do Lululemon Athletica and Charlotte Russe Have in Common? Their Private Equity Firm.

by Rachel Yeomans | August 25th, 2009

Today‚Äôs Wall Street Journal declared that Boston-based private-equity firm Advent International Corp. is going to buy out teen clothing company Charlotte Russe. The selling price: $380 million. This may seem a risky turnover considering the competition offered by Forever 21 and H&M, however as Advent boasts having the workout retail haven Lululemon Athletica in its… Read more…