Delta Apparel, a provider of lifestyle apparel, has retained SB360 Capital Partners as the exclusive liquidation consultant to manage the sale of all remaining inventory after separate sales of assets relating to the Salt Life and Soffe brands, through a bankruptcy court-approved sale process. The sale will also include the FF&E located in Delta Apparel’s facilities.
Delta Apparel filed for chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on June 30, 2024. This sale is intended to maximize the value of Delta Apparel’s remaining assets.
“Stores all across the country have products in their assortments that came from Delta Apparel,” Aaron Miller, president of SB360 Capital Partners, said. “From blank t-shirts to a wide range of casual and athletic wear, Delta Apparel’s products have been a go-to item for over 120 years. This sale is a rare opportunity for retailers and wholesalers to build an in-stock position of items with a strong value proposition for the holiday season.”
The liquidation sale will include the company’s remaining inventory across all categories, including lifestyle apparel, activewear and accessories.
