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August 04, 2006
True Religion Adds Believers In Q2
True Religion’s second-quarter earnings jumped 15.7% to $4.9 million, indicating continued strength in the premium denim market.
Sales jumped nearly 40% in the quarter ended June 30 as the brand banked on broad department store distribution.
Looking ahead, the Los Angeles-based company is planning to buildout its non-denim products, adding shirts, outerwear and jewelry, and will open new standalone and outlet stores. One new store is planned for New York’s SoHo, while another will open in Miami’s South Beach.
Posted by Blacks on August 4, 2006 10:06 AM
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