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US: True Religion Q1 profit slumps but sales rise

2013-05-13 13:57:00| Daily apparel & textile news and comment - from just-style.com

Jeans and sportswear manufacturer True Religion has seen its first-quarter profit plummet 96.4% after it was hit by separation costs as well as costs related to its review of strategic alternatives.

Tags: sales true religion rise

 

US: True Religion to go private in $835m buyout

2013-05-13 13:30:00| Daily apparel & textile news and comment - from just-style.com

Upscale jeans and denim brand True Religion is set to be acquired by investment group TowerBrook Capital Partners in a deal worth US$835m.

Tags: private true religion buyout

 
 

True Religion Apparel, Inc. (TRLG): Now What?

2013-05-13 03:08:26| Apparel - Topix.net

On Friday, True Religion Apparel, Inc. announced that TowerBrook, a private investment firm, has purchased it.

Tags: what true religion apparel

 

True Religion Is Going, Going, Gone

2013-05-12 08:34:37| Footwear - Topix.net

The denim retailer went for $32 per share, which was an 8.7% premium to Thursday's closing price.

Tags: true religion gone true religion

 

True Religion gets $826 million bid

2013-05-11 11:12:28| Apparel - Topix.net

True Religion Apparel has agreed to a buyout offer of about $826 million from the investment management firm TowerBrook Capital Partners LP.

Tags: true million religion bid

 

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