By Ayomide Tayo
Jay-Z’s clothing line; Rocawear is being sued for failing to pay $450, 000 it allegedly owes to iSource a wholesaler fashion company.
According to iSource, they manufactured specially ordered goods with the Rocawear brand name imprinted on them and shipped to the clothing line in 2012.
Rocawear only made part payment for the merchandise and has failed to pay up the remaining sum of $450, 000. Now iSource is dragging Rocawear to court to pay the remaining bill plus a 9% interest.
Rocawear hasn’t been doing well of late. The clothing line suffered a $500m sales dip and had to lay off half its staff.
