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Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
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Knitting Fever hauls Coats to court
21 Jun '05
1 min read
A distributor of yarns and hand-knitting products, Knitting Fever has announced that it has taken legal action against the textile giant Coats Holdings Ltd., for various reason which, includes violation of a decade-long distributorship agreement.
According to the papers filed in federal district court in Central Islip, Knitting Fever has complained that Coats has ventured in a plan to keep Knitting Fever out of its progressively more rewarding US hand-knitting market.
Knitting Fever has claimed that the Coats has start selling the same products directly to the retailers under a different label, which Knitting Fever had been selling under the parties' agreement.
Sion Elalouf, President - Knitting Fever, informed that the company has spent an incredible amount of time, effort and its own money over the last ten years in making a feasible US market for Coats.
Now that the company is on a way to succeed and starting harvest its fruitful profits hard work, Coats is trying to seize everything for itself, it's just an unfair business,” he added.
According to the papers filed in federal district court in Central Islip, Knitting Fever has complained that Coats has ventured in a plan to keep Knitting Fever out of its progressively more rewarding US hand-knitting market.
Knitting Fever has claimed that the Coats has start selling the same products directly to the retailers under a different label, which Knitting Fever had been selling under the parties' agreement.
Sion Elalouf, President - Knitting Fever, informed that the company has spent an incredible amount of time, effort and its own money over the last ten years in making a feasible US market for Coats.
Now that the company is on a way to succeed and starting harvest its fruitful profits hard work, Coats is trying to seize everything for itself, it's just an unfair business,” he added.
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