OTEXA Data Shows Chinese Apparel Imports to US Plunged 31% in November

OTEXA Data Shows Chinese Apparel Imports to US Plunged 31% in November - Sourcing Journal

OTEXA Data Shows Chinese Apparel Imports to US Plunged 31% in November - Sourcing Journal
Delta Apparel Expands Product Line - Advertising Specialty Institute
Michael Jordan apparel store headed to downtown Orlando - Orlando Weekly
Why Delta Apparel, Inc.'s (NYSEMKT:DLA) CEO Pay Matters To You - Yahoo Finance
Chemists of Apparel: SEVENSTORE Takes an inside Look on NEMEN - Complex

OTEXA Data Shows Chinese Apparel Imports to US Plunged 31% in November - Sourcing Journal

Posted: 07 Jan 2020 05:20 AM PST

The diversification of apparel sourcing away from China continued in earnest in November, even before companies knew potential increases in tariffs in December were cancelled. According to new data released Tuesday by the U.S. Commerce Department's Office of Textiles & Apparel (OTEXA), U.S. apparel imports from China were down 31 percent in November to a…

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Delta Apparel Expands Product Line - Advertising Specialty Institute

Posted: 07 Jan 2020 07:26 AM PST

Top 40 supplier Delta Apparel (asi/49172) has announced new partnerships with five high-profile brands to kick off 2020.

The Duluth, GA-based company is teaming with Perry Ellis International (asi/77715), Dri Duck (asi/ 50835), Burnside/Sierra Pacific (asi/87224), Outdoor Cap (asi/75420) and Liberty Bags.

"We are extremely excited to be partnering with Delta Apparel as the U.S. wholesaler in selling the 2020 Callaway, Jack Nicklaus and Original Penguin corporate apparel collections into the promotional products market," Jeff Smith (pictured), vice president of Perry Ellis International's corporate division, said in a press release. "We believe Delta Apparel with its experienced sales team offers a best-in-class sales and service model that will perfectly mesh with Perry Ellis' sales team and our best-in-class golf brands. For over a decade, Perry Ellis has successfully sold world-renowned brands into the corporate market. The Delta team will significantly enhance the overall success of these brands by utilizing their broad and loyal customer base."

Tiffany Anderson, corporate channel manager for Dri Duck, said the supplier is impressed with Delta Apparel's strong sales leadership and diverse go-to-market strategy. "Adding Delta to our list of wholesale partners will be instrumental in our continued growth in both the corporate and retail markets," Anderson said.

Delta Apparel will be expanding its catalog into many new categories in 2020, including golf apparel, outerwear, work-wear, hats, bags and other accessories. "Outdoor Cap's reputation as a quality headwear provider, a supplier recognized for our retail-inspired styling, and a top brand within the promotional products trade will be a nice complement to the industry-leading product line Delta Apparel offers with its tee shirts, outerwear and athletic apparel," said Jeremy Laney, executive vice president of sales for Outdoor Cap.

Over 2,000 new skus will be offered across these categories, the company said, along with further expansions in the fast-growing Delta-branded fashion basics products line. "Delta Apparel has been the choice in the industry for core basic tee shirts for many years," said Mary Bostwick, director of marketing at Delta Apparel. "Over the last several years, we have broadened our line into fashion basics, with the successful launch of our Delta Platinum collection. We are excited to now be further enhancing the products we offer our customers with the new partnerships for 2020."

Delta Apparel will also be launching on-demand digital print services powered by DTG2Go to accommodate small-run decoration needs. "With these new products and services, Delta Activewear can now be our customer's complete one-stop shop for all things apparel, headwear and accessories," said Todd Scarborough, Delta Activewear's president of sales, marketing and merchandising.

With reported 2018 North American promotional products sales of $46.2 million, Delta Apparel ranked 38th on Counselor's latest list of the largest suppliers in the industry.

Michael Jordan apparel store headed to downtown Orlando - Orlando Weekly

Posted: 07 Jan 2020 03:23 PM PST

click to enlarge

Michael Jordan, that guy who came to the City Beautiful to have his butt handed to him in 1995 by Svelte Shaq and the Magic – and who went on to be the greatest basketball player ever and sell billions of dollars worth of apparel, or whatever – has a store coming downtown Orlando.

The Trophy Room, a specialty retailer owned by Jordan's son, Marcus Jordan, is expected to move into a 1,500 square foot location on the ground floor of the Modera Central luxury apartment tower on Rosalind Avenue, reports Orlando Business Journal.

Though His Airness couldn't push Penny, Nick Anderson and company to seven games the last time he was in DonwtownDo, he's hoping his store can score big with local and tourist shoppers in the city's business center, after closing their store at Disney Springs in May.

The boutique store will have premium Jordan brand shoes and gear but also feature a mini-attraction – a glimpse into the life of the athlete, into the intimate confines of his trophy room, curated by his son.

It probably won't have images of Jordan getting posterized by Shaq in a Magic jersey, so here ya go:
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Why Delta Apparel, Inc.'s (NYSEMKT:DLA) CEO Pay Matters To You - Yahoo Finance

Posted: 07 Jan 2020 04:27 AM PST

Robert Humphreys has been the CEO of Delta Apparel, Inc. (NYSEMKT:DLA) since 1999. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that the business demonstrates. And finally - as a second measure of performance - we will look at the returns shareholders have received over the last few years. This method should give us information to assess how appropriately the company pays the CEO.

See our latest analysis for Delta Apparel

How Does Robert Humphreys's Compensation Compare With Similar Sized Companies?

At the time of writing, our data says that Delta Apparel, Inc. has a market cap of US$210m, and reported total annual CEO compensation of US$1.6m for the year to September 2019. We note that's an increase of 10% above last year. While we always look at total compensation first, we note that the salary component is less, at US$760k. We looked at a group of companies with market capitalizations from US$100m to US$400m, and the median CEO total compensation was US$1.1m.

Thus we can conclude that Robert Humphreys receives more in total compensation than the median of a group of companies in the same market, and of similar size to Delta Apparel, Inc.. However, this doesn't necessarily mean the pay is too high. A closer look at the performance of the underlying business will give us a better idea about whether the pay is particularly generous.

The graphic below shows how CEO compensation at Delta Apparel has changed from year to year.

AMEX:DLA CEO Compensation, January 7th 2020

Is Delta Apparel, Inc. Growing?

Delta Apparel, Inc. has reduced its earnings per share by an average of 5.0% a year, over the last three years (measured with a line of best fit). In the last year, its revenue is up 9.2%.

Few shareholders would be pleased to read that earnings per share are lower over three years. The modest increase in revenue in the last year isn't enough to make me overlook the disappointing change in earnings per share. It's hard to argue the company is firing on all cylinders, so shareholders might be averse to high CEO remuneration. Shareholders might be interested in this free visualization of analyst forecasts.

Has Delta Apparel, Inc. Been A Good Investment?

Most shareholders would probably be pleased with Delta Apparel, Inc. for providing a total return of 48% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary...

We compared the total CEO remuneration paid by Delta Apparel, Inc., and compared it to remuneration at a group of similar sized companies. As discussed above, we discovered that the company pays more than the median of that group.

Earnings per share have not grown in three years, and the revenue growth fails to impress us. However, we can't argue with the strong returns to shareholders, over the same time period. Considering this, shareholders are probably not too worried about the CEO compensation. Whatever your view on compensation, you might want to check if insiders are buying or selling Delta Apparel shares (free trial).

Important note: Delta Apparel may not be the best stock to buy. You might find something better in this list of interesting companies with high ROE and low debt.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.

Chemists of Apparel: SEVENSTORE Takes an inside Look on NEMEN - Complex

Posted: 07 Jan 2020 06:03 AM PST

Heralded as scientists of the apparel world, NEMEN steps into the light alongside SEVENSTORE to showcase their inner workings.

For those with a keen eye for technical apparel lines, NEMEN's name will be familiar. Birthed under the meticulous guise of Leonardo Fasolo, NEMEN is somewhat of a newcomer to Milan's impressive lineup of technical sportswear brands, having come to fruition in 2012. Having studied under the teachings of Stone Island's Carlo Rivetti in Milan's European Institute of design, Leonardo is well versed in fabrication driven design with an unapologetically bold aesthetic. To further explore the scientific nature of the brand, SEVENSTORE took to Milan to sit alongside the brand's founder.

At the heart of NEMEN is a dedication to pushing the boundaries of technical fabrication, channelled through innovative research. This constantly evolving drive to create and refine, driven by Leonardo's impassioned view of experimentation, delivering an armoury of utility-driven outerwear of the highest quality.

SEVENSTORE, on their continued mission to provide industry-leading menswear brands, bolstered their Autumn/Winter 2019 product offering to include some of NEMEN's most impressive outerwear lines. Take a closer look at the inner workings of NEMEN in the above video, and explore their current apparel lineup via SEVENSTORE.

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