United states Apparel’s suppliers are starting to smell bloodstream when you look at the liquid.
One longtime material provider to your embattled LA-based apparel manufacturer is suing United states Apparel for non-payment of their expenses.
The complaint, filed by The Knit House Corp. of Vernon, Calif., is actually for a relatively small amount — simply $80, 955 of a $134, 622 purchase — but the timing couldn’t have-been worse.
United states Apparel recently warned its investors it has to boost more income to remain afloat and that it may not manage to do this.
The hipster attire maker and retailer paid $53, 666 regarding the $134, 622 bill, but has actually “refused” to pay for the outstanding stability, based on the issue filed by The Knit home.
Neither company would discuss the suit, but resources near the Knit home said there was developing concern one of the retailer’s vendors that it will seek bankruptcy relief defense, which will leave them in the cool.
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