October 2013 Summary:
True Religion Apparel, Inc. (True Religion),
designs, markets, sells and distributes fashion apparel under the brand
name True Religion Brand Jeans to consumers in six continents, including
North America, Europe, Asia, Australia, Africa and South America. The Company
operates in four segments: U.S. Consumer Direct, International, U.S. Wholesale
and Core Services. Its products can be categorized as denim jeans and its
non-denim merchandise, which the Company refer to as sportswear. The sportswear
category includes knit and non-denim, and most come in 'tops' and 'bottoms'.
Knit styles include hoodies, t-shirts and sweats, and non-denim fabrics
include corduroy and twill. Tops range from shirts to jackets, and bottoms
encompass pants, shorts and skirts. In
July 2013, True Religion Apparel Inc announced
the completion of the acquisition of the
Company by TowerBrook Capital Partners L.P
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