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Heckler Slapped With Bankruptcy

NEW YORK -- Heckler Manufacturing & Investment Group, a manufacturer of intimate apparel and children's wear, has been hit with an involuntary bankruptcy petition.<BR><BR>The petition was filed by three creditors in U.S. Bankruptcy Court in...

NEW YORK — Heckler Manufacturing & Investment Group, a manufacturer of intimate apparel and children’s wear, has been hit with an involuntary bankruptcy petition.

The petition was filed by three creditors in U.S. Bankruptcy Court in Columbia, S.C. Milliken & Co. is the largest creditor, with a claim of $209,181, followed by Republic Factors Corp., $70,487, and Stevecoknit Fabrics Co., a division of Delta Woodside, $31,242.

Heckler officials could not be reached for comment. Heckler, with estimated annual sales of about $57 million, has been the licensee for Calvin Klein’s women’s underwear since 1988. As reported, however, that business will be taken over by The Warnaco Group at yearend.