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.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)