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Washington Square loves True
25
Feb '10
True Religion Apparel, Inc. announced the opening of a new branded retail store at Washington Square in Portland, Oregon. Located at 9585 S.W. Washington Square Road, the 1,485 square-foot branded retail store will offer shoppers the entire True Religion collection for men, women and kids, including its signature jean styles, its expanding denim, sportswear and handbag collection, and a full range of licensed merchandise.

Spanning over 1.5 million square feet of retail space in the heart of Washington County, Oregon's fastest growing county, Washington Square is recognized as one of Oregon's premier shopping destinations. In addition to housing Oregon's largest Nordstrom, Washington Square is home to over 170 specialty shops and restaurants including Coach, Apple, Sephora and MetroPark. Located within close proximity to major global corporations including Nike's world headquarters, Washington Square is easily accessible to many of Portland's highly educated and affluent communities. Over 400,000 residents with average annual household incomes exceeding $80,000 are located within five miles of Washington Square.

"Washington Square marks our second full-price retail store in Oregon, and will complement our existing Portland location," said Jeffrey Lubell, chairman, chief executive officer and chief merchant of True Religion Apparel, Inc. "Consumers within the Pacific Northwest region continue to exhibit strong demand for True Religion Apparel. As such, we look forward to making our product more accessible to these consumers through the expansion of our consumer direct platform."

"With average sales per square foot in excess of $700, Washington Square is one of the top grossing malls per square foot in the nation," said Michael Buckley, president of True Religion Apparel, Inc. "Washington Square's solid productivity, when combined with its affluent customer base and complementary retail partners, makes us enthusiastic for our Washington Square store's financial prospects."

True Religion Apparel Inc


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