True Religion to have 50 retail stores by 2009!
Exciting news for all True Religion Jeans fans!
“True Religion to Grow Fifty-Stores Strong by 2009’s End
Los Angeles-based True Religion Apparel, a premium apparel brand primarily known for its True Religion Jeans, recently completed a strategic review with Goldman Sachs. The result of the review, which the company has been working on since last summer is significant expansion. True Religion will add four more stores by the close of 2007, bringing its total store count to 15. In addition, the company plans significant growth during 2008 and 2009, increasing store count to 30 by the end of 2008 and 50 by the end of 2009. In addition, the company recently hired an experienced apparel industry store executive as VP of real estate, Marc Klein, who is responsible for securing new store sites. True Religion is flexible in its square footage requirement, but targets upscale shopping centers in affluent markets across the country. ”