rue21
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| File:Rue21 R ColorLogo.png | |
| Company type | Private |
|---|---|
| Industry | Clothing Retail |
| Founded | 1977 |
| Headquarters | Warrendale, Pennsylvania |
Key people | Bob Fisch; CEO Kim A. Reynolds; SVP-Merchandise Perry Bugnar; SVP-Store Ops Keith McDonough, SVP, CFO |
| Products | Apparel |
| Website | www.rue21.com |
Formally known as Pennsylvania Fashions Inc., rue21 offers casual apparel, footwear, and accessories for young women and men in the United States. The company rue21 inc. which opts to not use capital letters in its name operates over 450 stores and is headquartered in Warrendale, PA which is a suburb of Pittsburgh. The company is continuing to expand at a fast rate, with plans to have 1,000 operating stores by 2013.[1]
LaSalle Retail Finance is the lead financial institution for its banking relationship and will provide working capital for its growth plans. Rue21's majority shareholder is Saunders Karp & Megrue, a private equity investment firm that currently manages more than $1.7 billion in private equity funds. [2]e
Rue21 produces five fragrances for girls: Tarea, Rue, Revert Eco, Sparkle, and their newest fragrance, Pink Ice.