CBKCQ

Company Overview

Christopher & Banks Corporation, along with its various subsidiaries, was a specialized apparel and accessories retailer in the United States, focusing on private-brand women's fashion. The company's primary clientele consisted of women aged 50 and above, for whom it designed and marketed a range of clothing and fashion accessories. Its retail locations offered a diverse selection of women's apparel, including casual wear, daily essentials, professional attire, activewear, and sleepwear. These garments were available in missy, petite, and women's sizes, complemented by an assortment of jewelry and other accessories. As of September 11, 2020, Christopher & Banks operated 452 stores spread across 44 states. This extensive retail footprint included 316 stores catering to missy, petite, and general women's sizing, 77 outlet stores, 31 Christopher & Banks branded stores, and 28 C.J. Banks stores, which specialized in women's plus-size clothing. The company also maintained an online presence through christopherandbanks.com, an e-commerce platform for both its Christopher & Banks and C.J. Banks brands. Founded in 1956 and headquartered in Plymouth, Minnesota, the company was initially known as Braun's Fashions Corporation before rebranding as Christopher & Banks Corporation in July 2000. Facing severe financial difficulties, Christopher & Banks Corporation filed for Chapter 11 bankruptcy reorganization on January 13, 2021. This voluntary petition was subsequently converted to a Chapter 7 liquidation process on April 13, 2021.

Earnings & Financials