All Salt Life stores are closing as brand is sold in bankruptcy proceedings

(Gray News) – Salt Life’s new owners are closing all of the company’s retail locations, about half of which are in Florida. The iconic coastal brand was bought at auction by Iconix International Inc. and Hilco Merchant Resources Inc. this month for a joint bid of $38.74 million after the owner, Duluth, Georgia-based Delta Apparel, Inc., filed for Chapter 11 bankruptcy in June, the Jacksonville Daily Record reported.

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