True Religion news and archive

True Religion emerges from Chapter 11 bankruptcy

True Religion announced this week that it has successfully emerged from Chapter 11 bankruptcy, following a court-approval of its reorganization plan. The plan significantly reduces the company's debt while providing liquidity to execute plans for growth. The denim brand had filed for Chapter 11 in April of this year, as the economic stress of...

Business

True Religion files for Chapter 11 amid economic struggle

True Religion filed for Chapter 11 bankruptcy protection in a Delaware court this week. The denim brand attributed its financial struggle to store closures caused by the pandemic, on top of existing liquidity constraints. This is the second time in less than three years that True Religion has filed for Chapter 11. True Religion has also...

Fashion

True Religion launches bespoke couture denim

True Religion has partnered with conceptual artist Jaffa Saba to create a limited edition collection of bespoke denim. Focusing on sustainability, the True Religion x Jaffa Saba collaboration is comprised of one-of-a-kind, meaningful garments made from upcycled denim. It includes jackets, denim jeans, bucket hats, shorts, samurai bomber hats,...

People

Zihaad Wells returns to True Religion as creative director

True Religion has named a new creative director, who is not new to the brand. Zihaad Wells has returned to True Religion as creative director, effective immediately, after having previously worked as the brand's vice president of design from 2006 through 2017. As creative director, Wells will be responsible for product design, marketing and...

People

True Religion names Michael Buckley as chief creative officer

Michael Buckley has returned to True Religion, this time as the brand’s chief executive officer. The company today announced that its board of directors appointed Buckley to the role, effective immediately. Buckley had previously previously served as president of True Religion Apparel from 2006 to 2010. After he left True Religion in 2010,...

BusinessFeatured

Debunking True Religion’s restructuring

ANALYSIS Californian jeans brand True Religion Apparel Inc filed for bankruptcy on Wednesday in a move to cut its debt of about 500 million dollars and secure Chapter 11 protection against bankruptcy. The retailer hired a legal adviser in October to explore several debt restructuring options. "We are taking an important step to reduce our debt,...

BusinessFeatured

Retail carnage: True Religion files for bankruptcy protection

Jeans maker True Religion Apparel Inc. has filed for bankruptcy protection and also signed a restructuring agreement with a majority of its lenders. The Los Angeles-based company joins several other retailers and apparel makers in filing for bankruptcy protection recently, as they grapple with declining mall traffic, switch in consumer tastes,...