(Source: Delta Galil)
In the 2nd quarter Delta Galil’s sales reached record levels for the 6th consecutive quarter, increasing 8% to US$491.3 million compared to the previous year. Sales were driven primarily by strong growth within the company’s Private Label segment. Delta Galil Industries, Ltd., Caesarea/Israel, also reported record sales of $975.1 million (+12%) in the 1st half of 2022 (H1/2022). The EBIT excluding non-recurring items went up by 11% to $78.2 million in H1/2022 YoY.
Delta Galil Industries is a global manufacturer of branded and private label apparel products for men, women and children. Since its inception in 1975, the company has continually strived to create products that follow a body-before-fabric philosophy, placing equal emphasis on comfort, aesthetics and quality. Delta Galil develops innovative seamless apparel including bras, shapewear and socks; intimate apparel for women; extensive lines of underwear for men and branded men’s underwear including the brands Schiesser, Eminence, Athena & Liabel; babywear, activewear, sleepwear such as the PJ Salvage brand, and leisurewear. Delta Galil also designs, develops markets and sells branded denim and apparel under the brand 7 For All Mankind, and apparel under the brand Splendid. In addition, it sells its products under brand names licensed to the company, including adidas, Wolford, Wilson, Columbia, Tommy Hilfiger and others.