ACON Investments, L.L.C. and its affiliates have announced the acquisition of a controlling stake in True Religion, a Gardena-based lifestyle, apparel and accessories brand.

True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.

The deal with Acon Investments comes as the denim brand looks to diversify its product offering and expand its reach.

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ACON Investments, L.L.C. and its affiliates ("ACON") today announced the acquisition of a controlling stake in True Religion ("True Religion" or the "Company"), a lifestyle, apparel and accessories ...

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