Iconic Aussie retailer's legal stoush
General Pants Co. has been served with a winding-up application due to allegedly owing suppliers nearly $70,000.
In filings to the Australian Securities and Investments Commission, UCC Australia launched a winding-up order against the retailer earlier this month. General Pants Co. allegedly owes suppliers nearly $70,000. NewsWire / Gaye Gerard Credit: News Corp Australia
UCC is an importer, distributor and wholesaler of FMCG, supplying electricals and food to some of Australia's major retailers, including Myer, Big W, Kmart, Woolworths and Amazon.
According to the filings, General Pants owes just less than $70,000 for the supply of cameras and film between October and December last year.
A winding-up notice is issued by a creditor to a company to get them to pay a debt, forcing them to pay back the money they owe or face being placed into liquidation by the court.
The hearing is listed for August 20 in Victoria's Supreme Court.
General Pants is the latest business under Alquemie Group to face legal action.
SurfStitch faced similar action from Nike Australia in June over an alleged $237.760 debt.
General Pants has been a staple in Australian fashion for more than 50 years and has more than 50 stores across Australia and New Zealand.
It is just the latest in a long line of retail chains that have struggled in the post-Covid period.
Retail giant Mosaic Brands, the owner of brands Millers, Rivers, Crossroads, Katies, Noni B and Autograph, entered voluntary administration in October last year, owing creditors about $318m.
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