Despite Wear, True Religion Finds a Buyer for $835 Million

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: True Religion Apparel (TRLG) may be a little tattered, but it’s still a handsome asset for TowerBrook Capital Partners, which plans to buy the luxury jeans company for $835 million.

Source: Businessweek.com

Date: May 10, 2013

Link: http://www.businessweek.com/articles/2013-05-10/despite-wear-true-religion-finds-a-buyer-for-835-million#r=hp-lst

Questions for Discussions:

  • What does this report say about the high-end fashion market?
  • Do you think the changes in management will undermine future success of the firm?
  • Do you think the purchase was a good one?

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