True Religion Explores Sale That Could Value Brand Near $1 Billion
The clothing retailer is considering a full sale or minority stake sale, according to people familiar with the matter.
Clothing retailer True Religion is considering options that include selling the entire company or a minority stake, a process that could value the denim brand at close to 1 billion, according to people familiar with the matter. True Religion, which is owned by ACON Investments, is working with JPMor…