True Religion: Goldman Sachs Review is Net Neutral

After retaining their services for nearly a year, True Religion (TRLG) announced that they have concluded their review of strategic alternatives with Goldman Sachs, with this statement from the company’s CEO, Jeffrey Lubell…

"True religion has become a fast growing young company. The company hopes to create a global brand. We hire Goldman sachs to help us evaluate various strategic choice to maximize shareholder value. We have a thorough study many, strategic opportunity, in the past year, the conclusion is drawn that, pay attention to our own current growth measure end used for the best result in long-term value for all shareholders.
With our visibility of this year's future, we share with everyone, we believe our public stock undervalued. Consumers directly segment is expected to grow significantly in the next three years, our eight retail shop today growth to 14 stores by year-end. We look forward to this field will be 2008 and the rapid development of 2009, at least 50 shops, by the end of 2009, believe should expand our business profits. We also hope to continue to grow and licensing wholesale enterprise in the United States and the international market. "