TowerBrook Buying True Religion for About $826M
VERNON, United States — True Religion Apparel has agreed to a buyout offer of about $826 million from the investment management firm TowerBrook Capital Partners LP.
VERNON, United States — True Religion Apparel has agreed to a buyout offer of about $826 million from the investment management firm TowerBrook Capital Partners LP.
Louis Vuitton Voyages Exhibition, National Museum of China photographed by Luc Castel | Source: Louis VuittonThe mystery of the Chinese consumer (Economist) “After decades of deprivation and conformism, Chinese consumers regard expensive consumer goods as trophies of success… The owner of a gleaming new BMW will drive around for half an hour to avoid a 50 cent parking fee. And she will hesitate to spend much on interior decoration, because only her family sees the inside of her flat.” Alaïa Opens Up His Universe (IHT)