Delta Galil news and archive

Bare Necessities appoints Salima Popatia as president

US intimate apparel e-commerce platform Bare Necessities, a division of Israeli textile manufacturer Delta Galil Industries, has announced the appointment of Salima Popatia as president. The appointment is effective immediately. Popatia assumes the role to oversee day-to-day operations and commercial strategy. Her primary focus will involve...

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Business

Delta Galil reports strong Q4 and full-year 2025 financial results

Caesarea, Israel-based apparel manufacturer Delta Galil Industries has reported strong financial results for the fourth quarter and full year ended December 31, 2025, demonstrating resilience despite a complex global retail landscape. For the full year, sales climbed 4 percent to 2,118.9 million dollars, supported by fourth-quarter performance...

Fashion

Millie Bobby Brown launches teen fashion line at Walmart

Actress Millie Bobby Brown, star of Netflix’s show ‘Stranger Things’, has launched a new fashion line for teens and young women for Walmart in collaboration with Delta Galil USA, the global manufacturer and owner of fashion companies such as Splendid, 7 For All Mankind, and P.J. Salvage. The Mills by Millie Bobby Brown fashion line draws on the...

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Delta Galil reaffirms full-year outlook despite increased tariff impact

Delta Galil Industries Ltd., the global apparel manufacturer and marketer, reported third-quarter 2025 results that reflected steady top-line growth, expanding margins, and continued momentum in its direct-to-consumer (DTC) channels despite ongoing tariff and macroeconomic headwinds. Third-quarter sales rose 3 percent to 539 million dollars,...

Retail

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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Delta Galil lowers full-year financial guidance amid tariff concerns

Delta Galil Industries, a global designer and manufacturer of branded and private-label apparel, has reported its financial results for the second quarter ended June 30, 2025. The company's sales for the quarter remained stable at 470.1 million dollars, consistent with the previous year's quarter. For the first half of 2025, sales increased by 5...

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Delta Galil reports record sales and profit increase in first quarter 2025

Israeli textile group Delta Galil Industries Ltd had a successful start to the 2025 financial year. In the first quarter, the company, whose portfolio also includes the German lingerie brand Schiesser, achieved record sales and significantly higher profits, Delta Galil announced on Thursday. Despite the positive development, the group faces new...

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Delta Galil achieves sales of 2 billion dollars in 2024

Delta Galil announced an 18 percent increase in sales for the fourth quarter ended December 31, 2024, reaching 599.2 million dollars, driven by growth across all segments, channels, and geographies. The intimate apparel, activewear, loungewear, and denim manufacturer also reported a 10 percent increase in full-year sales to 2.04 billion dollars....

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Business

Delta Galil moves towards US IPO with confidential filing

Delta Galil Industries has confidentially submitted a draft registration statement on form F-1 with the US securities and exchange commission eyeing a proposed US initial public offering (IPO) of its ordinary shares. However, the company said in a statement that the number of ordinary shares to be offered, the price range for the proposed...

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Business

Delta Galil delivers sales and profit growth

Delta Galil Industries recorded a third quarter sales increase of 13 percent to 524.2 million dollars, driven by growth across all channels. For the nine-month period, sales were were 1,446.4 million dollars, a 7 percent increase from the prior-year period. Reiterating full year outlook, the company said in a release that it continue to expect...

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Retail

India's Reliance Retail partners with Delta Galil

Indian retailer Reliance Retail and Delta Galil, manufacturer and marketer of intimate, activewear, loungewear and denim apparel have announced a 50/50 strategic partnership in India. The company said in a release that through this partnership Delta Galil plans to expand its footprint in the growing Indian market, offering its portfolio of...

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People

Delta Galil names Yaniv Benedek as CFO

Delta Galil Industries, manufacturer and marketer of intimate, activewear, loungewear and denim apparel has appointed Yaniv Benedek as chief financial officer (CFO), effective October 9, 2024. The company said in a release that Benedek, who joined the company in 2011, most recently served as CFO of Delta Israel Brands. “Yaniv’s financial and...