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True Religion was purchased by TowerBrook Capital Partners on May 10, 2013. The acquisition provided shareholders a 52% premium to True Religion's share price on October 9, 2012. [ 8 ] The stock had fallen 40% in 2012 up to October 9, 2012, due to a poor pre-Christmas sales in 2011, and concern that a shrinking number of shoppers were willing ...
True Religion pulled off a neat trick. “Even though the price points are affordable today, True Religion is still considered status,” said Michael Buckley, the chief executive officer of the ...
Last week, jeans retailer True Religion announced that its CEO, founder, chairman, and creative director Jeff Lubell was stepping down. Lubell founded True Religion in 2002, and quickly made the ...
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Gold co-founded True Religion with her then-husband, Jeff Lubell. Gold created a high-end denim line catering to all body types. The company eventually went public on the Stock exchange. [3] According to Gold's autobiography, she served as vice president of True Religion. She created designs, and Jeff would source materials.
True Religion Apparel (NAS: TRLG) reported earnings on Feb. 6. Here are the numbers you need to know. The 10-second takeaway For the quarter ended Dec. 31 (Q4), True Religion Apparel beat ...
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