Delta Apparel Inc
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Despite a pick-up in holiday demand for apparel, US activewear maker Delta Apparel saw its net losses widen in the first quarter, as a one-off tax charge and a margin decline in the basics segment weighed on results.
US activewear maker Delta Apparel said it expects year-on-year increases in revenue and profit for the first quarter after CEO Robert Humphreys hailed a strong start to the year.
US activewear maker Delta Apparel said the divestiture of its Junkfood business was responsible for a revenue slip in both the fourth-quarter and full-year as retail sector and consumer demand remained weak during fiscal 2017.
US apparel manufacturer Delta Apparel has posted another quarter of higher earnings following its divestment of the Junkfood brand earlier this year.
?US activewear maker Delta Apparel saw earnings improve in its second-quarter thanks to a gain on the sale of its Junkfood business and the implementation of a number of key initiatives to improve business results.
US activewear maker Delta Apparel has sold its vintage-inspired, licensed-graphics tee business, Junkfood Clothing Company, to JMJD Ventures, for US$28m.
US activewear maker Delta Apparel has offered an optimistic outlook for the fiscal year, despite revealing a net loss in its first-quarter.
US activewear maker Delta Apparel has offered an optimistic outlook for its next fiscal year, despite revealing lower earnings and sales in its fourth quarter.
US activewear maker Delta Apparel has sold its textile manufacturing facility in Maiden, North Carolina for $1.7m.
US clothing business Delta Apparel has acquired substantially all of the assets of casual clothing brand Coast Apparel.
Delta Apparel says it completed a "solid" third-quarter, despite recording declines in both earnings and sales due to continued weakness in the retail environment and the absence of a key license.
Delta Apparel is to close its North Carolina manufacturing operations as part of an ongoing business realignment, resulting in around 160 job cuts, as the US activewear group revealed lower sales and earnings in its second-quarter.
Delta Apparel has revealed its expanded manufacturing operations in Honduras should begin production later this month, as the US-based activewear business returned to profit in its first quarter.
Delta Apparel has warned of a soft retail environment heading into 2016, but revealed higher sales and margins in its fourth-quarter and moved to a profit thanks to various growth initiatives implemented during the year.
US clothing business Delta Apparel doubled its net profit in the third quarter, despite lower sales, thanks to improved margins and cost reductions.
US clothing business Delta Apparel swung to a net profit during its second-quarter, and said it expects even stronger earnings and sales improvements for the remainder of the year.
US clothing company Delta Apparel has announced its subsidiary brand, To The Game, has entered into a letter of intent to sell its The Game brand to David Peyser Sportswear, the owner of MV Sport.
US clothing business Delta Apparel has widened its net loss in the first quarter and reported lower sales.
US clothing business Delta Apparel has moved to a net loss in its fourth quarter due to poor market conditions and strategic initiatives implemented in the period to improve performance.
Delta Apparel is to undergo a wholesale restructuring in response to sluggish market conditions which left the company to suffer a 45% slump in third quarter net profit.
US clothing business Delta Apparel is to consolidate fabric production for basic blank T-shirts to its Ceiba Textiles facility in Honduras.
US clothing business Delta Apparel has blamed higher levels of promotions, unseasonable weather and a sluggish economy for swinging to a net loss during the second quarter.
The pending anniversary of Rana Plaza has reignited calls for compensation to be given to victims of the Tazreen Fashions fire, in the hope they will not be forgotten.
US clothing company Delta Apparel has postponed confirming or updating its full-year guidance after moving to a net loss in its first-quarter.
Campaign groups and unions are renewing calls for meaningful compensation for victims of the Tazreen Fashions factory fire – almost one year after the blaze killed at least 112 people.
Delta Apparel recorded a profit downturn in the company’s transitional quarter, thanks to falling sales and a number of exceptional items.
US clothing company Delta Apparel has said Rod McGeachy will become president of the group's sports and military brand Soffe.
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