Duluth, Georgia-based Delta Apparel, a vertically integrated, international apparel company that designs, manufactures, sources, and markets a diverse portfolio of core activewear and lifestyle apparel products, has announced the possibility of bankruptcy and other cost-cutting initiatives, including suspending operations, the sale of assets, and the closure its Storm Lake, Iowa facility, as well as printing facilities in some distribution centers in New Jersey, North Carolina, Arizona, Tennessee, and Florida.
The exit from its business unit will impact 115 employees.
In May 2024, Delta Apparel noted in an SEC filing that "it was evaluating business strategies in light of 'significant market, operational and liquidity challenges' including an 'inability to date to raise additional capital or otherwise obtain necessary liquidity to have sufficient resources to fund its operations.'"
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