Salt Life to Close All Retail Stores Following Bankruptcy Sale
New owners Hilco and Iconix plan to shift the brand's focus to wholesale and e-commerce.
- All 28 Salt Life retail locations will close, with liquidation sales offering up to 40% off merchandise.
- Delta Apparel Inc. filed for Chapter 11 bankruptcy in June, leading to the brand's acquisition by Hilco Consumer-Retail Group and Iconix International for $38.74 million.
- Salt Life gift cards and returns for purchases made before Sept. 20, 2024, will be accepted until Oct. 20, 2024.
- The liquidation includes not only product stock but also store fixtures and equipment.
- Salt Life Food Shack restaurants remain unaffected by the bankruptcy and store closures.