Flag King Jeans Brand Enters Bankruptcy Liquidation Procedure
Flag King jeans brand enters bankruptcy liquidation procedure
Fujian Province
The people's Court of Luoyang District of Quanzhou city announced the announcement in the Straits city newspaper recently. In August 5th, the Quanzhou intermediate people's court decided to accept the bankruptcy liquidation case of the flag clothing (China) textile and apparel Co., Ltd. in accordance with the application of Hengyue textile and Garment Co., Ltd. of Zhongshan.
In August 23rd, the people's Court of Luojiang District of Quanzhou tried the case and appointed the liquidation team of the flag King (China) textile and apparel Co., Ltd. as the company manager.
Notice indicates that
Flag King
The creditors of (China) textile and apparel Co., Ltd. shall declare their claims to the company by November 2, 2016.
In November 18th, the people's Court of Luojiang District of Quanzhou will convene the first creditors' meeting.
It is reported that the flag King (China)
Textile apparel
Founded in 1988, the company specializes in leisure apparel with jeans as its core product.
In 2005, the brand was awarded the title of "China's 500 most valuable brand".
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