True religion ca

The hedge fund that owns True Religion is exploring a sale of the Y2K-era jeans brand as it returns to growth and profitability after emerging from its second bankruptcy, CNBC has learned. It's unclear what valuation True Religion is seeking, but it could sell for a mid-single-digit multiple of its EBITDA, true religion ca, said the people, who spoke on the condition of anonymity because the discussions are private. The sale process began in January and the sellers have targeted a wide range of consumer-focused private equity firms and a number of large, publicly traded apparel true religion ca as potential buyers, the people said. True Religion, best known for disrupting the jeans true religion ca in the early s with its signature stitching, embroideries, and smiling Buddha and horseshoe logos, has been on a roller-coaster journey over the last decade or so.

True Religion brand designer jeans are manufactured from premium denim. They also make Designer clothing , some of which is made in the United States. In , True Religion was sold in about boutiques and specialty stores in 50 countries on six continents. Unusually, the brand began with the production of about 14, pairs of jeans, being, the co-founder Lubell has remarked, contrary to the typical business model, in which "you make a sample line, go to market, get orders, and ship your production. Its flagship store opened in , in Manhattan Beach, California. In November , the company's former president [5] Michael Buckley was appointed CEO, returning to aid in recovery from bankruptcy. Following two bankruptcy filings, in and , the brand closed some stores.

True religion ca

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True Religion went public in and made headlines for its growth and profits.

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True Religion brand designer jeans are manufactured from premium denim. They also make Designer clothing , some of which is made in the United States. In , True Religion was sold in about boutiques and specialty stores in 50 countries on six continents. Unusually, the brand began with the production of about 14, pairs of jeans, being, the co-founder Lubell has remarked, contrary to the typical business model, in which "you make a sample line, go to market, get orders, and ship your production. Its flagship store opened in , in Manhattan Beach, California. In November , the company's former president [5] Michael Buckley was appointed CEO, returning to aid in recovery from bankruptcy. Following two bankruptcy filings, in and , the brand closed some stores.

True religion ca

True Religion is a designer jeans and clothing company that was founded in True Religion is headquartered in Los Angeles, California. True Religion is a high-end designer jeans and clothing company that was founded in Los Angeles, California in

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True Religion, best known for disrupting the jeans industry in the early s with its signature stitching, embroideries, and smiling Buddha and horseshoe logos, has been on a roller-coaster journey over the last decade or so. True Religion, the Y2K-era jeans brand that managed to survive two bankruptcies, is exploring a sale. Skip Navigation. Read Edit View history. Retrieved The previous management, before I came back, was still trying to market to who they thought that customer was in ," Buckley told CNBC during a recent interview. Gardena, California , U. True Religion eventually emerged from that bankruptcy and did so again in after it filed for a second time at the height of the Covid pandemic. Hidden categories: Articles with short description Short description matches Wikidata. Tools Tools. Buckley said True Religion has the potential to be a billion-dollar brand. The brand still focuses on its maximalist roots, but has dialed into a new consumer as Y2K-era styles make a comeback. Key Points.

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Retrieved July 17, Retrieved 10 September The brand was taken private in and by , it was bankrupt. Kym Gold Jeff Lubell. Tools Tools. However, these days, the brand's trips through Chapter 11 are in the rearview mirror. Its flagship store opened in , in Manhattan Beach, California. The sale process began in January and the sellers have targeted a wide range of consumer-focused private equity firms and a number of large, publicly traded apparel companies as potential buyers, the people said. It's unclear what valuation True Religion is seeking, but it could sell for a mid-single-digit multiple of its EBITDA, said the people, who spoke on the condition of anonymity because the discussions are private. Retrieved January 8, USA Today. Archived from the original on July 3,