“Jay-Z is a rap mogul worth around $500 million — but his clothing brand Rocawear is in the red, a lawsuit claims.
The apparel group allegedly owes $450,000 to wholesale company iSource NYC for urban-style duds made in Pakistan and shipped to New York last April through June, the Manhattan Supreme Court filing states.
The clothing items “were specially ordered goods . . . [with] the ‘Rocawear’ brand name imprinted on [them],” the Garment District company claims in the suit.
“Defendant never returned the ROC goods to iSource.””
New York Post has the full story.
The FASHIONENTLAW Blog features legal insights, commentary, and analysis on contracts, intellectual property, business disputes, media, fashion, entertainment, and emerging issues shaping the creative industries.
Authored by Uduak Oduok (Ms. Uduak), a California Fashion & Entertainment Lawyer with over 24 years of legal experience, the blog is designed for informational purposes only and does not constitute legal advice or create an attorney-client relationship.
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