Delta Acquires Cotton Exchange

Greenville, S.C.–based Delta Apparel Inc. inked a deal to buy HPM Apparel Inc., which does business as The Cotton Exchange. HPM designs and markets apparel to college bookstores, the U.S. military and other retail accounts under the brands The Cotton Exchange, TCX and Just for Us. The Cotton Exchange will remain based in Wendell, N.C., and Delta expects all current operations to remain in place. Delta operates several subsidiary companies, including M. J. Soffe LLC, Junkfood Clothing Co., To the Game LLC and Art Gun LLC.