Wednesday, June 21, 2006

HAHAHA, time flys when you're busy! I didn't realize it had been this long since I've gave you guys some insight on what's going on. Well I find it really funny but there's alot of big moves going on right now that I'm hearing about.

TRUE RELIGION (TRLG) IS FOR SALE! Yup you heard it here first, they are actually closing up a deal to an unknown buyer so pay attention to any changes that are being made from their end. They've been on there way out for some time now so I don't know if that's the smartest move on the buying part lol. But along with the sale, they're changing in other ways as well. I posted a motnh ago or so about them debuting full collections and now I see why. They're opening 20 company stores sooner than we think and will make denim only 40% of their business. WOW! Sounds like big moves for a brand with jeans that are fading out... FAST!

NOW THIS ONE IS GOOD!

BLUE HOLDINGS
(BLUE.O: Quote, Profile, Research), who owns Antik Denim, licensee of Yanuk, Taverniti, and U, has bought UP AGAINST THE WALL. Big news considering UATW has 24 stores and are growing at a rapid pace and are currently carrying a very wide range of the hottest wears every season. This is big news lol, really big news.

Ok enough of that, I'm dying from this LA weather and really need to get away from the computer, grab your reefs or rainbows and meet me at the beach.

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