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In tragically hip fashion, Metropark is closing at Cherry Hill Mall and all 68 other locations.Blame the crummy economy, which has made it more difficult to buy $186 True Religion jeans — or get a credit card and charge them.I liked Metropark's urban vibe and am sorry to see an end to the retailer's unique approach of blending art and music with shopping.
So what did Metropark in? Cheap chic is the culprit. There is a groundswell of young consumers who believe it is just as cool to wear value-priced fashion-forward clothes from XXI Forever or H&M than it is to don a $39 Obey graphic tee.

Look for discounts starting at 20% at Metropark's liquidation sale, going on now.

Clothing and accessories retailer Metropark has announced it is going out of business and closing all 69 of its stores.

The company operates one Cincinnati-area location, at Kenwood Towne Centre. The store carries brands such as True Religion, Diesel, Rock & Republic, BCBG, G-Star, Obey, 7-Diamonds and others.

Store closing sales of 20 percent to 40 percent off all merchandise have already begun. Gordon Brothers Group and Hilco Merchant Resources are running the going out of business sales, and all sales are final, the company said.

"Our customers have shown us great loyalty over the years. These designer brands are rarely discounted, we hope our customers take advantage of these incredible savings," said Cynthia Harriss, CEO of Metropark USA Inc., in a press release.

Equities research analysts at Brean Murray boosted their price target on shares of True Religion Apparel, Inc. from $28.00 to $36.00 in a research note to investors on Friday. The analysts currently have a “buy” rating on the stock.Separately, analysts at Needham & Company raised their price target on shares of True Religion Apparel, Inc. from $27.00 to $33.00 in a research note to investors on Monday, April 25th. They now have a “buy” rating on the stock. Also, analysts at BB&T (NYSE: BBT) initiated coverage on shares of True Religion Apparel, Inc. in a research note to investors on Thursday, April 14th. They set a “buy” rating and a $31.00 price target on the stock.Shares of True Religion Apparel, Inc. traded down 0.43% during mid-day trading on Monday, hitting $30.09. True Religion Apparel, Inc. has a 52 week low of $17.50 and a 52 week high of $33.12. The stock’s 50-day moving average is $24.74 and its 200-day moving average is $22.36. The company has a market cap of $756.0 million and a price-to-earnings ratio of 17.27.
True Religion Apparel, Inc. last announced its quarterly results on Thursday, April 28th. The company reported $0.36 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.26 EPS by $0.10. During the same quarter in the prior year, the company posted $0.34 earnings per share. The company’s quarterly revenue was up 20.50% on a year-over-year basis. On average, analysts predict that True Religion Apparel, Inc. will post $0.47 EPS next quarter.

True Religion Apparel, Inc. (True Religion) designs, markets, distributes and sells apparel under the brand name True Religion Brand Jeans to consumers on six continents, including North America, Europe, Asia, Australia, Africa and South America. The Company designs, markets, distributes and sells fashion jeans and related sportswear apparel. Its products include denim, knit and non-denim, and come in tops and bottoms. Knit styles include hoodies, t-shirts and sweats, and non-denim fabrics include corduroy and twill. Tops range from shirts to jackets, and bottoms encompass pants, shorts and skirts. It operates in four segments: United States Wholesale, International, Consumer Direct and Other, which includes licensing activity. Its products are distributed internationally through its network of international distributors and sales agents, and sold internationally at boutiques and specialty stores in cities throughout Africa, Asia, Australia, Europe, the Middle East and South America.

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Kevin McBride opened McB's Men's Clothing Broker 15 months ago (as “Trendsetters”) to bring the brand name clothing from the malls to downtown St. Petersburg. The cozy little store on the corner of 1st Ave. and 7th St. is loaded with high-end brand name clothing, all on consignment at remarkably reduced prices.

Prada shirts selling for as much as $400 in retail stores can be found for as little as $80, while True Religion jeans normally at $220 can be had for $75.

Prices vary depending on quality and uniqueness, but most brands can be found for less than 30 percent of retail cost. Ties that regularly see for $100 routinely go for $20, and customers can walk out with a $500 Ralph Lauren suit for $100.

McB's takes clothing items from its clients and splits the earnings 50/50. McBride is meticulous in his tastes, and all items must be in near perfect condition with no marks or missing parts. He seeks out hotter, newer brands and keeps the items on the rack for as long as three months before returning them to the owners or donating them on their behalf.

The selection changes every Wednesday, and he draws repeat customers looking for hidden gems with each change, which amounts to approximately 50 to 100 new items a week. He also sells coats, gloves, hats, shoes, t-shirts and tuxedos, all in an eclectic setting underscored with music and splashed with photos, lots of color, and old records lining the ceiling.

Originally from California, McBride effortlessly plays the role of an authority on current trends as he explains the difficulty in finding high quality brand name clothing for men at affordable prices.

Q. Why is your business a good fit for St. Petersburg?

A. St. Pete's growing, there's a lot of restaurants and nightclubs and businesses moving here and really not a lot of men's stores in the area. You've got to go to Tyrone Square Mall or the International Plaza. I have a little bit of every shop here in my store. I have Banana Republic, a lot of the hip surfing shops, Tommy Bahama, Nat Nast, Levis.

Q. What are some of the hidden gems to be found?

A. Here's an Italian Ermenegildo Zegna suit, which is $900 in the stores; $250 here. A Robert Graham shirt, $220 in the stores, and we sell these for $75 to $100. These are the very expensive shirts at Nordstrom and Neiman Marcus and Saks Fifth Ave. I've got shoes by Cole Haan, Ferragamo, and this pair of Johnston & Murphy is $175 in stores, $45 here. I've got a little bit of everything here under one small roof. Guys can come in, parking's easy and free and they can get out quick.

Q. How do you know what will sell?

A. The trends start at the malls and we want to immediately follow them. We're here in Florida, near the beach and Tommy Bahamas are our best sellers. These shirts fly off the rack. This trend is still strong. These are beautiful shirts that go for $75 to $125 in the stores, $30 here.

Q. What do you like about downtown St. Petersburg?

A. I shopped around. It was very expensive on 4th St. and Central Ave. at the time and I fell in love with how cute this little corner store was. My philosophy was if I open up a niche then guys are going to find me. I chose the location because it's cute, it's easily accessible and affordable so I can keep my prices low for my customers.

Q. What is McB's niche market?

A. I'm perfect for the guy who's struggling in this economy. A lot of people have been hit hard and I was a part of that and that's why I opened this place. This is a place where guys can come and make money or save money. I'm a place where a guy can get the high end stuff from the mall and save a ton of money.

We conceive of secular democracy to be the means of making a clear separation between man and God, so that tyrants will not be able to attribute divine status to themselves or to their dictatorial ways.  It is such separation which enables man to worship God only, not the whims of man's quest for power. Politicians in secular democracy are the servants of the people and not some sort of gods to be revered and bowed to by the people. Indeed secular democracy ensures the equality of men and women before God, and protects religious and ethnic minorities. By the same token, we conceive of secular democracy to be the only true guardian of the freedoms of thought and expression, which are indispensible for the understanding of religion itself .Theocracy, on the other hand, imposes on the people the version of religious interpretation that serves its hold on power best. This monopoly of the interpretation of religion prevents its true understanding, and religion becomes a mere tool of tyranny. Currently, fundamentalist theocratic interpretations of Islam are rampant in Libya because of lack of freedoms of thought and expression during Gaddafi's long reign. Fundamentalists must not be allowed to derail the Libyan revolution.The first act of the Arab revolution began on the 11th September 2001. The young middle class Arab youth who committed the atrocities on that fateful day were seeking freedom for their countries from dictatorship and foreign domination. But sadly, they were adhering to a self defeating ideology of Al-Qaida which promoted the mass killing of innocent people as the means of realizing their political goals. It was an evil ideology that distorted Islam and rejected democracy. It did not only brainwash its adherents but made them brain dead. But a lot has changed since then. The Arab middleclass youth have now politically matured and they no longer see violence as the means of gaining freedom. The Arab revolution is now largely peaceful and democratic, and it is for building strong political and economic ties with the West based on modernity and mutual respect.It needs to be said however, that Al-Qaida ideology still lurks in the background, for sadly revolutions do have their violent side.We in the LFDC promote the voice of moderation and reason. We want the Libyan revolution to be consummated by democracy, but we have no illusions that if the Libyan's quest for democracy is frustrated by the imperialist racist agenda, the revolution will most certainly turn against the West and Al-Qaida extremism will win the day in the whole region. We in the LFDC have launched our Adriaan Pelt initiative to ensure that the transition to democracy will be legal and irreversible.

Through our vision of secular democracy, we are committed to prevent Gaddafi realizing his goal of turning Libya into a failed state.

Our membership consists mainly of Libyan professionals and students residing in different parts of the world. We are proud of the fact that more than half of our members are women.

Our campaign closely reflects the aspirations of the Libyan revolutionaries at grassroots level whom we feel are having their voice deliberately silenced.

In order to reach our goal, we propose that the United Nations Security Council mandates a commission to govern Libya for a period of two years following the fall of the Gaddafi regime. It will be similar to the Adriaan Pelt Commission of 1949 which helped us get our independence and created the state of Libya on Christmas Eve 1951. Mr. Pelt was a Dutch lawyer who headed the commission. The most beautiful street in Tripoli is named after him. We envisage the work of the new UN commission to be a continuation of the excellent job that Mr. Pelt started.

The new proposed UN commission will not be perceived by us Libyans as an infringement on our sovereignty, because the UN does not invade countries as some states do. The commission will amend our constitution, and will ensure that our transition to democracy will be orderly, peaceful and irreversible. We nominate H.E Dr Mahatir Mohammed, the former Prime Minister of Malaysia, to head this commission.

We call for the deployment of UN peacekeeping forces to help maintain peace and stability in Libya during this hazardous period of transition. We thank the Indonesian government which has already accepted our initiative in principle and pledged troops for these forces. The Turkish government is currently studying our initiative and we expect a similar positive response soon.

We envisage a consultative role for the Interim National Council to the proposed UN commission during this period of transition. We recognize that its claim to be the sole legitimate representative of the Libyan people is illegal because it is not a democratically elected government. Furthermore the INC has no legitimate connection to the revolution. In its present form the INC functions outside legality as it went as far as inviting foreign troops to Libya without any UN mandate, which is nothing less than paving the way for its occupation. What we really need is prompt military assistance by a well trained and disciplined army to intervene in Libya to protect the civilians under the auspices of the UN. Indonesia is ready to provide such assistance.

In order for the INC to gain legality and abandon the lawlessness of Gaddafi's demagogic Jamahiriya, it has to formulate its basic law which will clearly define its objectives, structure and powers.  Moreover, it is essential that the INC rids itself of tribalism and of all its members who served the Gaddafi regime, bearing in mind that according to a Wikileaks document Saif Al Gaddafi himself said that he had refused to assume any official post in his father's regime for fear of tarnishing his reputation. The INC will also need to rid itself of all of the so called members of Libyan opposition in exile, because the Libyan people question the very loyalty to Libya of many of these exiles due to their affiliations with foreign intelligence agencies.

The INC's assertion that they need some of those who served the Gadaffi regime to be among their ranks because of their alleged expertise is plainly absurd. Those Gaddfi's stooges share in the responsibility of turning Libya into virtually a failed state. They want to escape justice by being in the council. They do not have anything to offer Libya save dictatorship and corruption. It is important to add in this context that according to UN indicators, Libya ranks third in the Arab world of the percentage of PhD holders, many of whom never worked for the Gaddafi regime, and they have a lot to give to a constitutional and democratic Libya.

The INC makes the promise that its job is temporary and that its members have no intention of ruling Libya after the fall of Gaddafi, and that they will see to it that democracy will take its course. The legitimate question that arises in this case is why is The INC so fiercely against the Adriaan Pelt initiative? Given that it is the surest way to the establishment of democracy in Libya with the minimum cost in lives, money and time.

By creating the conditions of political peace and respect for political rights, the proposed UN commission will enable the Libyans to set up the organs of civil society so necessary for the emergence of political parties and political leadership. In such climate of political freedom and transparency, it will be difficult for anti-democratic conspirators to advance their hidden agendas, and the Libyans will be able to make well informed democratic decisions.

Moreover, we propose the establishment by the Security Council of a Truth and Reconciliation Commission for Libya. This is to encourage the process of national healing and to work for achieving the transparency necessary for the democratic process to take place.

After the fall of the Gaddafi regime the TRC will work towards averting  retribution and vengeance against the tribes which have affiliated themselves with the regime and committed crimes against humanity such as Warfala, Megharha, Ferjan, Walad Sulliaman and Gaddadfa. We nominate Bishop Desmond Tutu to lead this commission.

We in Libya do not need a Marshal plan as other countries in the vicinity do. Some of them run a national deficit in excess of 12% of their GDP, but we do need a political plan to be implemented by the mandated UN commission immediately "Tout de suite".

A democratic Libya is not beneficial to Libyans only, but also to regional peace and genuine normalization. The LFDC presents the only viable vision for ridding the Muslim world of fundamentalism in general and of Al-Qaida in particular.

The LFDC will do its utmost to ensure that the winners of the Libyan revolution will be freedom and democracy and not oil companies and arms dealers.

If the freedom loving nations do not help us in our quest for democracy, it will be tantamount to a dereliction of duty, lawlessness will reign in Libya and the whole of North Africa will become Al-Qaida territory.

The LFDC asks all states to recognize the INC swiftly.

Equities research analysts at Needham & Company boosted their price target on shares of True Religion Apparel, Inc. (NASDAQ: TRLG) from $27.00 to $33.00 in a research note to investors on Monday. The analysts currently have a “buy” rating on the stock.

Separately, analysts at BB&T (NYSE: BBT) initiated coverage on shares of True Religion Apparel, Inc. in a research note to investors on Thursday, April 14th. They set a “buy” rating and a $31.00 price target on the stock. Also, analysts at Zacks Investment Research reiterated an “underperform” rating on shares of True Religion Apparel, Inc. in a research note to investors on Thursday, March 31st.

Shares of True Religion Apparel, Inc. traded up 2.79% during mid-day trading on Tuesday, hitting $27.66. True Religion Apparel, Inc. has a 52 week low of $17.50 and a 52 week high of $34.17. The stock’s 50-day moving average is $24.23 and its 200-day moving average is $22.19. The company has a market cap of $694.9 million and a price-to-earnings ratio of 15.38.

True Religion Apparel, Inc. last announced its quarterly results on Thursday, February 24th. The company reported $0.63 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.61 EPS by $0.02. During the same quarter in the prior year, the company posted $0.59 earnings per share. The company’s quarterly revenue was up 19.5% on a year-over-year basis. On average, analysts predict that True Religion Apparel, Inc. will post $0.39 EPS next quarter.

True Religion Apparel, Inc. (True Religion) designs, markets, distributes and sells apparel under the brand name True Religion Brand Jeans to consumers on six continents, including North America, Europe, Asia, Australia, Africa and South America. The Company designs, markets, distributes and sells fashion jeans and related sportswear apparel. Its products include denim, knit and non-denim, and come in tops and bottoms. Knit styles include hoodies, t-shirts and sweats, and non-denim fabrics include corduroy and twill. Tops range from shirts to jackets, and bottoms encompass pants, shorts and skirts. It operates in four segments: United States Wholesale, International, Consumer Direct and Other, which includes licensing activity. Its products are distributed internationally through its network of international distributors and sales agents, and sold internationally at boutiques and specialty stores in cities throughout Africa, Asia, Australia, Europe, the Middle East and South America.

Stay on top of analysts' coverage with American Banking & Market News' daily email newsletter that provides a concise list of analysts' upgrades, analysts' downgrades and analysts' price target changes for each day.