Delta Galil Industries news and archive

Delta Galil Industries to merge lingerie brands

Delta Galil Industries is strategically merging its Bare Necessities and Brayola divisions to create an “enhanced” women’s intimates marketplace. The two lingerie brands will be housed under BareNecessities.com as Delta Galil Industries looks to strengthen its position on the global intimates market while also highlighting each brand’s...

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Report

Intimates brand Bare Necessities to be acquired by Delta Galil Industries

Online intimates brand Bare Necessities is to be acquired by global clothing manufacturer Delta Galil Industries. The transaction is expected to close in the next few weeks and be accretive to earnings next year, Delta Galil said in a statement. Established in 1998, Bare Necessities currently offers over 160 brands and 6,400 styles in intimates,...

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Splendid names Holly Shapiro new creative director

Womenswear brand Splendid announced the appointment of Holly Shapiro to the role of Creative Director today. Shapiro is taking over from Pamela Protzel-Scott, who held the role for over 17 years and will stay on as a consultant. As a Creative Director of private brands for Gilt Groupe, Shapiro had been responsible for numerous categories across...

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Management

Delta Galil reports rise in Q4 and FY16 sales and profit

Delta Galil Industries, manufacturer and marketer of branded and private label apparel products for men, women and children, as well as leisurewear, jeans and activewear, reported sales of 376.3 million dollars for the fourth quarter, a 31 percent increase compared to 287.1 million dollars for the same quarter last year. Sales for the full year...

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Management

VF Corp. sells off 7 For All Mankind, Splendid and Ella Moss

London - VF Corporation is set to shed its contemporary brand business as the US company seeks to maximize its growth by cutting its poorly performing brands and focusing in its core brands. The company announced on Thursday it had signed a definitive agreement to sell brands 7 For All Mankind, Splendid and Ella Moss to Delta Galil Industries...