New York -- Valley Lane Industries, an import and export shoe company, is suing lingerie giant Victoria's Secret for stealing their Chinese supplier, court papers say.
Court papers say Valley Lane of New York City has worked with a Chinese shoemaker for 25 years, the New York Daily News reported Tuesday.
However, Victoria's Secret "found out who the manufacturers were and they went to them and said, 'You have to sever your relationship with Valley Lane,'" attorney Neal Brickman said.
The company is "barely surviving," Brickman said.
Valley Lane is asking for $48 million in compensation, claiming revenues have dropped by $20 million since Victoria's Secret signed an exclusive contract with the Chinese supplier, the newspaper said.