-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 K1KHF3ucZEJ1ql5RL0eDOK5xT9GQA8FnoALPqXyu5knUssn9BUdvCaGQREzwmWIz
 Vmj2rWVF24ENJmbui3u+SA==

<SEC-DOCUMENT>0001179110-06-018877.txt : 20060922
<SEC-HEADER>0001179110-06-018877.hdr.sgml : 20060922
<ACCEPTANCE-DATETIME>20060922153411
ACCESSION NUMBER:		0001179110-06-018877
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060920
FILED AS OF DATE:		20060922
DATE AS OF CHANGE:		20060922

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHARLOTTE RUSSE HOLDING INC
		CENTRAL INDEX KEY:			0001092006
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-WOMEN'S CLOTHING STORES [5621]
		IRS NUMBER:				330724325
		FISCAL YEAR END:			0929

	BUSINESS ADDRESS:	
		STREET 1:		4645 MORENA BLVD
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92117
		BUSINESS PHONE:		8585871500

	MAIL ADDRESS:	
		STREET 1:		4645 MORENA BLVD
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92117

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SK EQUITY FUND L P
		CENTRAL INDEX KEY:			0001009319
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27677
		FILM NUMBER:		061104287

	BUSINESS ADDRESS:	
		STREET 1:		TWO GREENWICH PLAZA
		STREET 2:		STE 100
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06830
		BUSINESS PHONE:		2123036638

	MAIL ADDRESS:	
		STREET 1:		667 MADISON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-09-20</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001092006</issuerCik>
        <issuerName>CHARLOTTE RUSSE HOLDING INC</issuerName>
        <issuerTradingSymbol>CHIC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001009319</rptOwnerCik>
            <rptOwnerName>SK EQUITY FUND L P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>153 EAST 53RD ST.</rptOwnerStreet1>
            <rptOwnerStreet2>53RD FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2006-09-20</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3002457</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>26.25</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2657700</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2006-09-21</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>457166</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2200534</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">In-kind distribution to SKM Partners, L.P., the general partner of the reporting person.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Allan W. Karp</signatureName>
        <signatureDate>2006-09-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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