PRESENTING its results for 2015, Delta Galil said that they marked the sixth consecutive year of growth. Sales of the former private label manufacturer that now operates its own innerwear brands rose by 10 per cent in original currency to USD 1.08bn and operating income before one-time items rose by 2 per cent to USD 75.5m. CEO Isaac Dabah commented: “While 2015 was a challenging year for the global economy, we benefitted from our business model, which combines a diverse blend of branded and private label products, an expanded global presence and a range of market segments. Among our key highlights during the year, we improved our performance at Delta USA and in the global upper market, and in addition we acquired the P.J. Salvage brand. We expanded our prominent portfolio of licensed brands with men’s and ladies’ underwear licenses for Columbia Sportswear, a sleepwear and intimates license for Juicy Couture, and an exclusive license for Puma sportswear brand products in Israel – all of which will contribute to our growth potential in future years.”
Already an international player of note, the company appears to be going from strength to strength.
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