Textile Crisis: Supplier of Portsaid, Rapsodia and Le Utthe Enters Into Creditor Contest
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Jutex, which also produced clothing for Jasmín Chebar, Le Utthe and Desiderata, asked for judicial protection after shutting down its plant in Munro and closing down its factory in La Rioja. Creditors, including workers, banks, tax agencies and others, will have time until November 30 to present their credits. The textile crisis added a new chapter in the commercial courts of the Federal Capital. Jutex SRL, a firm specializing in the integral pa…
Jutex SRL, a textile company supplying renowned brands such as Portsaid, Rapsodia and Le Utthe, entered into a preventive contest after accumulating millions of financial commitments and more than half a hundred cheques rejected. Thus, it adds to the extensive list of firms of the sector that are affected by the import opening and measures ...
The company’s debt exceeds $170 million, according to information from the Central Bank. Read more
Textile accumulates a debt of $710 million and 53 rejected checks.
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