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True Religion Acquired by Acon Investments and SB360 Capital Partners
True Religion, a Y2K-era jeans brand, was acquired by Acon Investments and SB360 Capital Partners; the brand saw a 20% sales increase in 2023, reaching $280 million, and $80 million in EBITDA, marking a comeback driven by a new marketing strategy targeting a younger and more diverse demographic.
True Religion Acquired by Acon Investments and SB360 Capital Partners
True Religion, a Y2K-era jeans brand, was acquired by Acon Investments and SB360 Capital Partners; the brand saw a 20% sales increase in 2023, reaching $280 million, and $80 million in EBITDA, marking a comeback driven by a new marketing strategy targeting a younger and more diverse demographic.
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