Jay-Z might be worth a cool $500 million, but his clothing line Rocawear is reportedly in the red.
The urban apparel company allegedly owes $450,000 to a wholesale company called iSource NYC. The wholesale company had a $1 million shipment sent through last April, and Rocawear only paid about half the bill.
The lawsuit filed by iSource NYC claims the clothing items "were specially ordered goods with the Rocawear brand name imprinted on them."
The wholesalers want an additional 9% interest, as the bill was due last Summer. Time to pay up, Hov.
Source: bossip.com
