True Religion
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Borletti Group acquires minority stake in True Religion
Investment firm Borletti Group, founded by Maurizio Borletti and Paolo De Spirt, is strengthening its position in the fashion lifestyle market after acquiring a minority stake in American denim and casualwear brand True Religion, controlled by Acon Investments. The Borletti Group, which has more than 20 years of experience investing in premium...
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True Religion launches new brand platform with pop star Anitta
US lifestyle and denim brand True Religion is looking to ignite a “cultural movement” embracing individuality and self-expression with the launch of its new ‘Own Your True’ platform to help the brand reach its 1 billion US dollar goal. Michael Buckley, chief executive of True Religion, said in a statement: “The company is now well positioned to...
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Acon Investments acquires True Religion
Acon Investments has acquired a controlling stake in True Religion, a lifestyle, apparel and accessories brand. Financial terms of the transaction were not disclosed. Founded in 2002, True Religion is known for its denim and apparel offerings for over two decades. Today, the brand is an omnichannel retailer with a rapidly growing ecommerce...
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