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Nov 6 (Reuters) – Premium jeans brand True Religion Apparel Inc’s TRLG.O third-quarter earnings beat market estimates, helped by a strong performance at its wholesale business within the United States.
The clothing maker said Tuesday it earned $8.4. International sales grew 22.8 percent to $13.8 million, while wholesale sales dropped 16.5 percent to $24.2 million. True Religion, based in Vernon,
True Religion recently launched an outlet store online to allow members to buy reduced-price garments straight from the wholesale facility. Since the site’s launch, 92% of its traffic has been through.
Founded in 2002 in Los Angeles, True Religion is perhaps best known for its high-end line of jeans and other denim apparel that is distributed through wholesale and retail channels all over the globe.
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In a June 28 article I discussed True Religion. Joe’s Jeans (NASDAQ:JOEZ) reported second quarter 2011 earnings. It is worthwhile to read the earnings call transcript. On the top-line JOEZ saw.
Ms. Koplin has been instrumental in improving merchandise planning, buying and allocation for the Company’s retail stores and wholesale business as well as increasing the overall productivity of the.
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True Religion sells its namesake jeans priced between $170 and $360 at retail stores. Sales at its international segment fell 2 percent hit by lower wholesale sales in Korea and Canada. However,
Law360, Wilmington (July 5, 2017, 11:38 AM EDT) — Premium clothier True Religion. as well as the wholesale accounts to which the company sells,” Snyder said. Sales in the premium denim market that.
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Nov 3 (Reuters) – True Religion Apparel Inc TRLG.O posted lower-than-expected quarterly results on weak U.S. wholesale sales and lower gross. True Religion — best known for its namesake jeans that.
True Religion operates 109 U.S. stores, and also sells its designer jeans at other stores through its wholesale unit. Wholesale revenue rose 2.8 percent to $21.4 million, the segment’s first year-over.
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The company is also reducing its sales to the off-price channel by $10 million in the U.S. wholesale segment, as it focuses on direct sales. True Religion, whose namesake jeans cost as much as $300 in.
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RESULTS OF OPERATIONS We design, market, sell and distribute premium fashion apparel, centered on our core denim products using the brand name "True Religion Brand Jeans." Our products. distributed.
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Naturally, Joe’s Jeans’ small size will trigger volatility. It also has active wholesale and retail businesses that don’t always perform in lockstep. However, with True Religion leaving the exchange,
True. US Wholesale segment, with much of that merchandise sold through discount channels. For a company that sells jeans for an average price of $253, according to the conference call, the.
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The legwear will be unveiled at the Las Vegas Project Show in September 2009, with nationwide roll-out shortly thereafter to True Religion branded stores and wholesale retail partners. including.
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True Religion Apparel Inc.’s TRLG third-quarter profit rose 2.1% as the jeans maker’s U.S. sales improved. Direct U.S. consumer sales rose 5.7%, while wholesale revenue in the U.S. grew 35%.
True Religion. Wholesale, Consumer Direct and Corporate, which includes licensing activity. Here is a look at earnings since inception: The argument against the company would be: "In a recession,
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True Religion Apparel. strong sales performance in the U.S. wholesale segment and continue to benefit from our retail expansion in both the U.S and the international markets. Although, our same.