ATLANTA — Delta Apparel Inc. moved decisively into the wholesaling arena Tuesday by agreeing to acquire branded activewear company M.J. Soffe Co. for about $72 million.
In a deal scheduled to close in September, Delta Apparel is expected to pay $52 million in cash including the retirement of debt, $8 million in promissory notes and up to $12 million in contingent payments.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"