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Greenville, South Carolina-based Delta Apparel Inc. has signed a letter of intent and expects to acquire substantially all of the net assets of HPM Apparel Inc. d/b/a The Cotton Exchange by July 15, 2010.
HPM Apparel Inc. d/b/a The Cotton Exchange designs and markets decorated casual apparel to college bookstores, the U.S. military and other retail accounts. The Cotton Exchange has a strong reputation selling U.S. made collegiate apparel to college bookstores under “The Cotton Exchange” brand. It also sells products under the brands of “TCX” and “Just for Us.” The Cotton Exchange was formed in 1984.
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