Delta Apparel, Salt Life
Delta Apparel Files for Bankruptcy, Inks Deal to Sell Salt Life
The maker of wholesale clothing plans to sell certain assets related to its Salt Life branded products for about $28 million to FCM Saltwater Holdings.
Delta Apparel Shares Dive 22% as Exchange Begins Delisting Following Bankruptcy Filing
Delta Apparel shares dived 22% in after-hours trading as NYSE American moved to commence delisting proceedings following the company filing for chapter 11 bankruptcy. Dow Jones Newswires is a market-moving financial and business news source,
Delta Apparel, Salt Life brand parent, files for Chapter 11 bankruptcy
Duluth-based Delta said in a Monday filing with the U.S. Securities and Exchange Commission that it will sell the Salt Life brand to FCM Salt Life Holdings Inc., which, if approved by U.S. Bankruptcy Court in Delaware,
Duluth-based Delta Apparel Inc. files for bankruptcy
Delta Apparel will sell certain assets to FCM Saltwater Holdings for approximately $28 million, according to a Securities and Exchange Commission filing. Delta Apparel prides itself on manufacturing its own garments at competitive prices,
Salt Life Set for Sale as Delta Apparel Files for Bankruptcy
Salt Life is set to move on to a new home after its parent company, the struggling Delta Apparel Inc., filed for bankruptcy in Delaware on Sunday, sunk by weak demand and higher cotton costs. Just before the Chapter 11 filing,
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Delta Apparel Inc., once based in Greenville and the owner of the Salt Life clothing brand, is staring down declining sales ...