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 slides after filing for bankruptcy
Delta Apparel filed for Chapter 11 bankruptcy protection in the District of Delaware court on June 30. As part of the bankruptcy filing, Delta Apparel estimated that it had assets of $100 million to $500 million vs.
Delta Apparel bankruptcy could mean 224 layoffs in North Carolina
The struggling clothing brand's bankruptcy could lead to more than 200 layoffs at sites across North Carolina.
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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