Creditors of Sports Direct-owned fashion retailer USC are owed a total of £15.2m according to a report issued by administrators.
Administrator Duff & Phelps revealed USC owes non-preferential unsecured creditors £15.2m. Of this amount, HM Revenue & Customs is owed £576,449, and customer gift vouchers total £286,333.
USC suppliers, including brands such as Diesel, Converse, Fred Perry and Adidas are owed £14.3m. Diesel has been left with an unpaid bill of £1.3m.
USC owner Sports Direct appointed administrators in January and it was immediately bought by Republic.com – another brand owned by Sports Direct.
Former USC employees are taking legal action against Sports Direct owner Mike Ashley over the consultation process before they lost their jobs.
The 200 former warehouse staff say they were only given 15 minutes’ notice before losing their jobs when the business went into administration in January. Consultations must be at least 45 days before redundancies when relating to 100 or more employees.
The Scottish Affairs Committee is launching the investigation into the fashion chain after MPs described the treatment of 200 former USC workers at its Ayrshire distribution depot as “despicable” and “appalling”.
In separate case, Sports Direct is facing a claim for up to £10m from almost 300 workers on zero-hour contracts who were excluded from its bonus scheme.