Delta Galil news and archive

Schiesser plans 25 new stores in Europe by 2027

Underwear manufacturer Schiesser aims to open twenty-five new stores in Europe by 2027. This was announced by Schiesser CEO Sonja Balodis in Thursday’s edition of the "Südkurier". Schiesser is very well-balanced across all its distribution channels. "We sell around half of our products directly to customers through our one hundred and ten of our...

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Business

Delta Galil acquires intimate apparel leader Bogart Group

Israeli apparel company Delta Galil is expanding its presence within the intimates and swimwear categories. The global manufacturer, whose existing portfolio includes 7 For All Mankind, Splendid and Ella Moss, has announced that it will acquire the Bogart Group in the beginning of Q3. The Bogart Group is based in Hong Kong and operates the...

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Retail

Schiesser to handle P.J. Salvage distribution in Europe

Underwear brand Schiesser has taken over the European sales activities of lifestyle brand P.J. Salvage. Both companies belong to Delta Galil Group. P.J. Salvage’s products can be ordered via Schiesser’s sales operations in Germany, Austria, Switzerland, Liechtenstein, Belgium, Luxembourg, Italy, France, Netherlands, Russia, Poland, Czech...

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Business

Ted Baker signs licensing agreement with Delta Galil

British brand Ted Baker and Israeli textile firm Delta Galil are joining forces. The two companies have signed a licensing agreement to allow Delta Galil to develop, produce and distribute men’s underwear, loungewear and thermal wear for Ted Baker worldwide. “We are very excited to partner with the brand and expand it into new categories. This...

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Delta Galil Premium Brands gains Tim Baxter as new CEO

Delta Galil Industries Ltd. just announced a new chief executive officer of Delta Galil Premium Brands. Hailing from his previous position as chief merchandising officer of Macy's Inc., Tim Baxter is set to step in for the head role. He will now oversee Delta Galil's brands such as Seven For All Mankind and Splendid. “We are very pleased to...

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Delta Galil reports 23 percent rise in Q1 sales

Delta Galil Industries, Ltd. has recorded sales of 315.7 million dollars for the first quarter of 2017, a 23 percent increase compared to 256.7 million dollars for the same quarter last year. The company said, this increase was primarily driven by the addition of Delta premium brands. Operating profit excluding one-time items amounted to 12.9...

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Delta Galil reports 16 percent sales growth in FY17

Delta Galil reported sales of 371.6 million dollars for the fourth quarter of 2017, compared with 376.3 million dollars for the same quarter last year, representing a 1 percent decrease. Sales for the 2017 full year increased 16 percent to a 1,368.1 million dollars against the previous year. Operating profit was 32.5 million dollars, a 1 percent...

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Business

Delta Galil Q2 sales jump 36 percent

Delta Galil Industries reported sales of 340.5 million dollars for the second quarter of 2017, a 36 percent increase from 249.5 million dollars for the same quarter of 2016. Excluding Delta Galil Premium Brands (DGPB), sales increased by 9 percent. The company’s sales for the first six months of 2017 were 656.1 million dollars, up 30 percent...

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People

Paula Schneider steps down as CEO for Delta Galil Premium Brands

After being named chief executive officer of DG Premium Brands less than a year ago, Paula Schneider is effectively stepping down from her role. As the former CEO of American Apparel, Schneider seemed to switch to the new company with her extensive fashion and retail experience. Last October, it was announced that she would take the position at...