- Business
- Christopher & Banks Corporation (CBKCQ) operates as a specialty retailer of women's apparel and accessories targeting women aged 40 to 60, offering private-label clothing through online retail and seven brick-and-mortar stores across the United States, including locations in Iowa, Michigan, Missouri, Minnesota, Indiana, Nebraska, and Kansas; core products encompass casual clothing such as tops, sweaters, blouses, tees, vests, shackets, pants, leggings, and dresses in missy, petite, and plus sizes under the Christopher & Banks and legacy CJ Banks brands, along with jewelry, scarves, and seasonal prints like plaids, paisleys, and abstract patterns. Founded in 1956 as Brauns Fashions in Minneapolis and rebranded in 2000, the company is headquartered in Plymouth, Minnesota, and originally traded publicly before multiple bankruptcies. In January 2021, it filed for Chapter 11 bankruptcy due to COVID-19 impacts, closing nearly all 450 stores and selling its e-commerce assets; the brand relaunched under iMedia Brands, Inc., which underwent its own Chapter 11 in June 2023, leading to the sale of Christopher & Banks assets for $55 million to IV Media, LLC—a subsidiary of Innovation Ventures, LLC—in August 2023, enabling current limited physical and digital operations amid IV Media's recent workforce reductions in early 2025.