Tuleh Label Might Shutter FINANCIAL, LABEL, MAIN 02.08.10Written By Ben

Rumor has it that the Tuleh label might soon shutter. The news comes after Tuleh canceled their fall 2010 runway show.

The reason that they may close shop is because Tuleh isn’t currently meeting the demands of its creditors. Trilea Holdings Inc, their former creditors, have reported that they have ceased to invest on Tuleh.

A Tuleh representative stated, “The business has been and continues to be unprofitable, and creditors were making demands that the company could not satisfy.” Though the investor’s demands haven’t been met, the consumers will ultimately suffer if Tuleh shutters due to the label’s popularity.