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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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Business

Walmart sells two digital brands

Retail Dive has reported that Walmart has made deals to sell off two of its digital brands, Shoes.com and Bare Necessities. Walmart originally acquired Shoes.com for 9 million dollars in 2017 and has now sold it off to private equity firm CriticalPoint Capital. Bare Necessities is being sold to Israeli company Delta Galil Industries. The details...

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Business

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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