03.08.2007 12:00:00
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True Religion Apparel Opens New Branded Store at Valley Fair in Silicon Valley
True Religion Apparel, Inc. (Nasdaq: TRLG) today announced its newest
store opening in San Jose, California. Located in the Valley Fair
shopping center, the 1,932-square-foot store provides shoppers with the
entire collection of True Religion apparel, including the expanding line
of denim, denim-related apparel and its entire collection of licensed
products.
"As the South Bay’s
leading shopping destination, we are especially pleased with the opening
of our newest Valley Fair True Religion branded store,”
said Jeff Lubell, chief executive officer of True Religion Apparel, Inc.
"Located in the heart of Silicon Valley and as
one of the top five malls statewide in sales volume, we believe Valley
Fair is the ideal host for our brand,” said
Michael Buckley, president. "This addition
marks our 10th store in operation and signifies
we are well on track to bringing the broadest product selection to our
customers as we continue opening more branded stores.”
As one of the top malls in Northern California, the super-regional
shopping center recently completed a two-tiered, $165 million
redevelopment to position it as the largest collection of specialty
retailers in Northern California. Valley Fair has more than 260 stores
including anchors Bloomingdale’s, Neiman
Marcus and Nordstrom, as well as Apple, Coach, Juicy Couture, Lacoste,
Louis Vuitton and MAC.
About True Religion Apparel, Inc.
True Religion Apparel, Inc. is a growing, design-based premium
aspirational brand. The company designs, manufactures and markets True
Religion Apparel products, including its premium True Religion Brand
Jeans. Its expanding product line, which includes high quality
distinctive styling and fit in denim, denim-related sportswear and
licensed products, may be found in premier department stores and
boutiques in 50 countries, including the United States, Canada, Germany,
United Kingdom, Japan, Korea, France, Spain, Sweden, Greece, Italy,
Mexico, Australia, South Africa and China. For more information, please
visit www.truereligionbrandjeans.com.
This press release contains forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements are based upon our
current expectations and speak only as of the date hereof. Our actual
results may differ materially and adversely from those expressed in any
forward-looking statements as a result of various factors and
uncertainties, including uncertainties as to the nature of the apparel
industry, including changing customer demand and tastes, seasonality,
customer acceptance of new products, the impact of competitive products
and pricing, dependence on existing management and general economic
conditions. Our Annual Report on Form 10-K, recent and forthcoming
Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and
other SEC filings discuss some of the important risk factors that may
affect our business, results of operations and financial condition. The
Company undertakes no obligation to revise or update publicly any
forward-looking statements for any reason.
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