True Religion Apparel sees $1.28 million net loss for May 3 to May 30

By Caroline Salls

Pittsburgh, June 24 – True Religion Apparel, Inc. reported a $1.28 million net loss for the period of May 3 through May 30 on zero revenue, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware.

The company had no unrestricted cash and cash equivalents as of May 30.

True Religion is a Vernon, Calif.-based jeans and jeans-related sportswear company. The company filed bankruptcy on April 13 under Chapter 11 case number 20-10941.

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