Radio

  • All genres
    • Electronic
    • R&B
    • Hip-Hop
    • Rock
Now Playing
A$AP Ferg, “Talk It”
Now Playing
Father, “Spoil You Rotten”
Now Playing
Michael Uzowuru Ft. Vic Mensa and Donnie Trumpet, “April 13th”
Now Playing
Mumdance, Logos & Rabit, “Inside The Catacomb”
Now Playing
Michael Christmas Ft. Sir Michael Rocks, “Bootleg Designer”
Now Playing
SZA, “Sobriety”

True Religion Jeans is For Sale

True Religion, the jeans company that's lately been getting so much status-symbol love in songs by Chief Keef, French Montana and Waka Flocka—not to mention an entire mixtape dedication from 2 Chainz—is having financial problems, according to The New York Times:

True Religion Apparel, the struggling maker of upscale denim, is apparently hoping a sale can repair its fraying financials....True Religion’s shares have plummeted 39 percent this year, to $21.01, valuing the company at $541.8 million. On Wednesday, its stock leaped 25 percent, to $26.40, in premarket trading.

True Religion was one of the original high-priced, designer jeans in the mid-2000s, and their hope is that a buyout will allow them to continue to make their signature frayed jeans. No comment on the news from 2 Chainz yet, though if he's looking for suggestions for new brands to rep, we have more than a few.

Posted:
True Religion Jeans is For Sale