The UK distributor of premium denim brand Rock & Republic has moved to reassure stockists that deliveries will not be affected by the US denim giant’s decision to file for Chapter 11 bankruptcy protection.
Rock & Republic, which has 50 stockists in the UK including Harvey Nichols, Selfridges and several designer indies, filed for voluntary Chapter 11 bankruptcy in US Bankruptcy Court in New York last week.
Rock & Republic said it was seeking new investment to help pay down its debts.
Lucia Dimaso, head of distribution at Rock & Republic’s UK distributor M&L Harris, said: “It will be business as usual. Deliveries are due in the next few days and those will all be on time. Rock & Republic is still profitable and this voluntary protection will help it to restructure.”
Stockists contacted by Drapers said they had not yet experienced any problems with deliveries from Rock & Republic and were unconcerned about the company’s decision to file for bankruptcy protection.
Another independent stockist added: “Deliveries are on time. Product had become a bit samey but it has improved in the past couple of seasons with more washes and detail, so I think it can stay competitive.”
John Taylor, business development manager at premium indie Maggie & Co in Torquay, said: “We have cut down our spend with Rock & Republic since it stopped the Victoria Beckham jeans collaboration [in 2007], but its product still sells well.”