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True Religion emerges from bankruptcy
20 October 2020 | Beth Wright
Upmarket US denim brand True Religion has emerged from Chapter 11 bankruptcy, under a plan of reorganisation it says paves the way for its growth plans.... read more
True Religion files for bankruptcy protection
16 April 2020 | Michelle Russell
Upmarket US denim brand True Religion has filed for bankruptcy for the second time in three years.... read more
True Religion emerges from Chapter 11
31 October 2017 | Beth Wright
US upscale denim brand True Religion has emerged from Chapter 11 bankruptcy following negotiations with its key stakeholders, under a plan of reorganisation approved by a US court earlier this month.... read more
True Religion gets bankruptcy nod from US court
10 October 2017 | Hannah Abdulla
US upscale denim brand True Religion Apparel has become the latest brand to have a bankruptcy plan approved by a US court. ... read more
True Religion files for bankruptcy protection
5 July 2017 | Beth Wright
Upscale denim brand True Religion Apparel has filed for bankruptcy protection as part of a pre-arranged restructuring of the business designed to reduce its debt by more than 75% or US$350m.... read more
True Religion appoints Ermatinger in CEO switch
2 June 2015 | Michelle Russell
David Conn, the chief executive of upscale denim brand True Religion Apparel, has stepped down and will be replaced by global sourcing executive John Ermatinger.... read more
INTERVIEW: Levi Strauss refocuses on "profit through principle"
8 December 2014 | Michelle Russell
Levi Strauss & Co is returning to its roots. The denim stalwart, which has been battling sluggish traffic trends, international challenges and a revolution in activewear, is looking to re-establish leadership in its sector. A touch of nostalgia, plenty of innovation, adjustments in sourcing strategy, and global expansion are all part of the plan. just-style talks with Seth Ellison, the group's president for Europe.... read more
just-style's most read stories this week...
2 August 2013 | Petah Marian
The most read stories on just-style this week include a look at PVH setting out its succession plan, Hudson's Bay's acquisition of Saks, and a report on the use of mobile phones to monitor labour abuses in garment factories. ... read more
US: TowerBrook closes 824m True Religion deal
31 July 2013 | Leonie Barrie
TowerBrook Capital Partners has completed its $824m acquisition of denim and sportswear brand True Religion Apparel.... read more
US: True Religion Q1 profit slumps but sales rise
13 May 2013 | Katie Smith
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.... read more
US: True Religion to go private in $835m buyout
13 May 2013 | Katie Smith
Upscale jeans and denim brand True Religion is set to be acquired by investment group TowerBrook Capital Partners in a deal worth US$835m.... read more
15 April 2013 | Liz Hague
Featured reports from just-style's research store this week include a profile of H&M, a look at online women's clothing sales in the UK, an overview of clothing retailing in Germany, and a country report on Sri Lanka.... read more
US: True Religion Q4 profit cut despite strong sales
7 February 2013 | Richard Woodard
Fashion business True Religion posted a small reduction in fourth quarter profit, but registered strong sales in its core US and developing overseas businesses.... read more
US: True Religion lifts FY outlook as Q3 profit rises
5 November 2012 | Katie Smith
Luxury jeanswear brand True Religion Apparel has lifted its full-year sales outlook as it posted a 1.6% rise in third-quarter net profit.... read more
Counting the retail cost of Superstorm Sandy
31 October 2012 | Katie Smith
As Hurricane Sandy swept along the US East Coast earlier this week, US retailers were forced to close up to 10% of their stores, according to latest figures. As retailers begin to reopen stores again, analysts are now weighing up the long-term impact of the storm on apparel and footwear sales.... read more
In the money: True Religion misses the mark on women's wear
2 August 2012 | Katie Smith
Despite posting a rise in second-quarter net income, upmarket jeanswear brand True Religion admitted it was "overly aggressive" in efforts to expand its women's wear merchandise, leading to a fall in sales.... read more
US: True Religion lowers outlook despite Q2 profit rise
1 August 2012 | Katie Smith
Luxury jeanswear business True Religion has lowered its full-year earnings outlook despite posting a rise in its second quarter net profit.... read more
US: True Religion beats forecasts with Q1 profit hike
2 May 2012 | Richard Woodard
Apparel business True Religion announced better-than-expected first half results, including double-digit increases to net profit and revenues.... read more
US: True Religion wins Chinese counterfeit battle
3 April 2012 | Petah Marian
Jeanswear company True Religion has won a court judgement against online Chinese counterfeiters. ... read more
US: True Religion Q4 profit dips, sales robust
10 February 2012 | Richard Woodard
Luxury jeanswear brand True Religion Apparel recorded slightly lower fourth quarter profits, but increased sales on the back of a 23.7% revenue surge in US retail.... read more
US: True Religion Q3 profit up on overseas growth
2 November 2011 | Richard Woodard
International revenue and profit growth proved key to raising third quarter earnings at True Religion Apparel, despite “challenging” trends for women’s denim in the US.... read more
US: Strong sales lift True Religion Q2 profit by 25%
29 July 2011 | Leonie Barrie
Strong demand for its high-end jeans at its retail stores and online have helped True Religion Apparel Inc to a 25.3% jump in second quarter profit.... read more
US: Retail focus benefits True Religion Q4
28 February 2011 | just-style.com
A shift in focus towards operating its own branded retail stores has helped upscale jeans seller True Religion Apparel Inc to an 8.2% rise in fourth quarter profit.... read more
GERMANY: Silverfleet Capital buys fashion retailer Schneider Group
18 October 2010 | just-style.com
European private equity firm Silverfleet Capital has bought Schneider Versand Holding GmbH, a leading German catalogue and on-line retailer selling fashion, lifestyle and promotional products such as Belstaff, True Religion and Boss.... read more
US: True Religion Q2 profit down, sales up
4 August 2010 | just-style.com
Jeans-led apparel company True Religion’s second quarter profit dropped by nearly one-third, despite a double-digit sales rise led by a surge in its own retail and e-commerce revenues.... read more
US: Retail surge sends True Religion Q1 profit up 10%
5 May 2010 | just-style.com
True Religion Apparel posted first quarter net income of US$8.4m, up 10.1% on last year thanks to a strong retail performance.... read more
US: Retail growth boosts True Religion Q4
25 February 2010 | just-style.com
Luxury denim-focused True Religion Apparel is targeting continued double-digit sales growth after posting a 15% rise in fourth quarter net profit to US$14.6m.... read more
US: True Religion Q3 profit dips, raises guidance
4 November 2009 | just-style.com
Upmarket denim brand True Religion has recorded an 8.8% dip in third quarter profit, but is sufficiently encouraged by its performance to raise its full-year earnings forecast.... read more
US: True Religion Q2 profit up 18% on retail surge
5 August 2009 | just-style.com
A surge in retail sales helped True Religion Apparel to post a second quarter profit of US$11m, up 18.4% on last year.... read more
US: True Religion posts 10% hike in Q1 profit
6 May 2009 | just-style.com
True Religion Apparel Inc has posted a 9.8% hike in first quarter profit, helped by strong sales of its high end jeans and clothing lines.... read more
US: True Religion FY profit surges 59% to US$44.4m
26 February 2009 | just-style.com
True Religion Apparel is eyeing a buoyant 2009 after posting a 59.3% surge in full-year profit to US$44.4m.... read more
US: True Religion uses Oracle to streamline supply chain
13 January 2009 | just-style.com
Upmarket denim brand True Religion Apparel is streamlining its supply chain and financial operations to meet growing international demand for its American-made jeans and sportswear.... read more
US: True Religion ups FY guidance as Q3 profits surge
7 November 2008 | just-style.com
Third quarter profit at True Religion Apparel Inc has nearly doubled after the premium denim and sportswear brand saw its domestic, international and online sales surge.... read more
US: True Religion Q2 profit soars 86%
7 August 2008 | just-style.com
True Religion Apparel Inc has raised its full-year guidance after second quarter profit jumped 86% on soaring domestic, international and internet sales of its premium denim jeans.... read more
US: True Religion Q1 profit rise continues momentum
9 May 2008 | just-style.com
Jeans-led apparel brand True Religion has continued its recent momentum with further increases in profits and sales during the company’s first quarter.... read more
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