True Religion which is headquartered in California, was founded in 2002 by Jeffrey Lubell with the intention of redefining premium denim through an emphasis on fit, quality and style. Over a decade later, while the brand has evolved within the marketplace, it remains committed to achieving excellence in authentic American-made, superior-fitting denim with a trendsetting appeal for today’s consumer.
A pioneer in the premium denim market, True Religion has become synonymous with modern and distinctive product designs that stand for exceptional fit and styling details. The development of the brand’s products from concept through manufacturing is engineered to be not only fashionable but durable as well. As a result, True Religion has succeeded in becoming an innovator in exceptional lifestyle branding and a global leader in premium denim and casual sportswear across divisions for men, women and children.
True Religion manufactures and markets denim and denim-related sportswear, selling through a diversified network of retail, ecommerce, wholesale and licensing channels worldwide. As of March 21, 2013, the Company operated 124 stores in the U.S. and 31 international stores. After going public in 2003, it was announced on May 10, 2013 that True Religion had entered into a definitive merger agreement with TowerBrook Capital Partners, in a transaction valued at approximately $835 million.
True Religion Apparel, Inc. Corporate Responsibility
True Religion Apparel, Inc., together with its subsidiaries and affiliates (collectively, the “Company”), is dedicated to upholding fair and legal employment practices and environmental sustainability requirements.
As an integral component of this commitment, we have developed and implemented an Associate Code of Conduct (the “Code,” available here), which applies to all vendors, manufacturers, contractors, and suppliers (“Associates”) that form a part of our supply chain.
The Code advises our Associates of their obligation to adhere to all applicable local, state (including the California Transparency in Supply Chain Act) and federal laws as well as the standards established by the Company and set forth in the Code.
The core elements of our Code are prohibitions on discrimination, forced labor, and child labor, insistence on fair wages and hours and the provision of safe and healthy working conditions, as well as guidelines for minimizing each Associate’s environmental footprint.
As a condition of doing business with the Company, each Associate must execute the Code and implement the principles contained therein.
The Company will continue to develop Associate monitoring systems including, but not limited to, independent, unannounced third party audits to assess and ensure compliance with the Code.
If the Company determines that any Associate has violated the Code, the Company may either terminate its business relationship or require the Associate to implement a corrective action plan.
By espousing the foregoing principles, the Company strives to ensure integrity of its supply chain while continuing to uphold and exceed the quality of our branded merchandise.
2012 California Transparency in Supply Chain Act (SB 657) (the “Act”)
The Act, which became effective January 1, 2012, requires certain retail sellers and manufacturers to disclose their efforts to eradicate slavery and human trafficking from their direct supply chains. It is intended to provide consumers with the means to determine which companies have an active social responsibility program and thereafter to make conscientious purchasing decisions.
The points outlined below highlight the Act’s mandatory disclosures, followed by an explanation of how the Company is addressing each of them:
The Company continues to develop monitoring systems to assess and ensure Associate’s compliance with the slavery and human trafficking prohibitions set forth in the Code through various means, including, but not limited to, independent, unannounced on-site third party verification visits.
The Company relies on independent third party vendors to conducts unannounced audits of Associates, which assist in the evaluation of Associates’ compliance with Company’s supply chain standards for trafficking and slavery.
(3) Integrity of Components
By executing the Code, every Associate certifies that materials incorporated into goods and merchandise manufactured for the Company comply with labor and trafficking laws, and with all other applicable laws, rules and regulations of the respective country or countries in which they do business.
Associates must manifest their commitment to the implementation of the Code’s stated anti-slavery and human trafficking principles by maintaining or establishing an appropriate management system (with adequate documentation and record-keeping in place) to address compliance with these principles and detection and correction of any non-compliance.
In connection with its commitment to enforce and uphold the principles set forth in the Code, the Company provides training on recognizing the warning signs of human trafficking and slavery to those employees who have direct responsibility for supply chain management.