True Religion opening four more stores — eyes big expansion
In the WWD report, Buckely noted that "retail is tough."
"But the reality is we’ve already mapped out another 100 potential locations for the brand based on our demographic and where we’re successful from an e-commerce perspective,” he said.
The store expansion comes on the heels of True Religion’s recently announced holiday campaign, “Where Holiday Wishes Come True,” starring rappers Megan Thee Stallion and Hunxho, which will feature prominently in all stores, including the soon-to-open ones. The holiday theme is a play on the brand’s name as well as the universal tradition of holiday wish-making. The holiday collection includes “edgy drops” throughout the season for both men and women which incorporates the brand's signature embellished logo details, contrasting double-stitch effects, studs, shine and distressed graphics.
Founded in 2002, True Religion is based in Los Angeles. In February of this year, it was reported by CNBC that the brand’s owner, hedge fund Farmstead Capital Management, was considering selling the company.