In contrast, TRLG has no long term debt and significant cash per share.
At my local Holt Renfrew, the True Religion jeans are chained together through the belt loops to prevent theft, which is rare to see in a luxury store. Not the same story for the Rock N Republic's which aren't on the prime display table either. The clerk at the men's jeans department told me TRLG is their best selling brand.
It seems to me, this news is more of an indication as to who is winning in this segment and who is not.