Delta Galil Industries

Delta Galil Acquires Sustainable Clothing Brand Organic Basics

Retrieved on: 
Tuesday, July 26, 2022

Delta Galil plans to bring this strong brand to consumers worldwide and to extend the Organic Basics product line to include items for babies and kids as well as additional items for women and men.

Key Points: 
  • Delta Galil plans to bring this strong brand to consumers worldwide and to extend the Organic Basics product line to include items for babies and kids as well as additional items for women and men.
  • View the full release here: https://www.businesswire.com/news/home/20220726005738/en/
    Organic Basics is a digital brand with sustainability and ethical production at its core and these values align perfectly with Delta Galils focus on creating a more sustainable fashion industry through innovation, said Isaac Dabah, CEO of Delta Galil Industries.
  • A certified B Corp, Organic Basics is also Global Organic Textile Standard (GOTS) certified and a member of 1% for the Planet.
  • Delta Galil also designs, develops markets and sells branded denim and apparel under the brand 7 For All Mankind, and ladies apparel under the brand Splendid.

Delta Galil Reports Strong First Quarter 2022 Results Reflecting Record Q1 Sales, EBIT, Net Income and EPS

Retrieved on: 
Monday, May 16, 2022

Q1 sales reached record levels for the fifth consecutive quarter, increasing 16% to $483.9 million, from $416.1 million in Q1 2021.

Key Points: 
  • Q1 sales reached record levels for the fifth consecutive quarter, increasing 16% to $483.9 million, from $416.1 million in Q1 2021.
  • Net income reached record levels as well, up 26% to $18.9 million, compared to $15.1 million in Q1 2021.
  • Q1 earnings per share (EPS) amounted to a record level, up 18% to $0.67, from $0.57 in Q1 2021.
  • Isaac Dabah, CEO of Delta Galil, stated: We are pleased with our strong first quarter results, which marked five consecutive quarters of record quarter revenue and seven consecutive quarters of record quarter operating margins.

adidas and Delta Galil Introduce Full-Range Underwear Collections for all

Retrieved on: 
Thursday, May 12, 2022

adidas and Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange), announce the arrival of full-range underwear collections for adidas Originals and Badge of Sport.

Key Points: 
  • adidas and Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange), announce the arrival of full-range underwear collections for adidas Originals and Badge of Sport.
  • View the full release here: https://www.businesswire.com/news/home/20220512006065/en/
    adidas and Delta Galil Industries, Ltd. announce the arrival of full-range underwear collections for adidas Originals and Badge of Sport.
  • The new adidas underwear collections offer a wide range of underwear separates including thongs, bikinis, briefs, trunks and boxer shorts, plus an assortment of versatile bralettes, bramis, tank tops, body suits and t-shirts.
  • Delta Galil has a long history of serving this market, and we are thrilled to introduce these versatile adidas ranges with the world.

7 For All Mankind Celebrates Self-Expression with New Campaign featuring Cara Delevingne

Retrieved on: 
Wednesday, February 23, 2022

Throughout her career, Cara has proudly demonstrated her originality, unique style, and free spirit, all of which are reflected in the new campaign.

Key Points: 
  • Throughout her career, Cara has proudly demonstrated her originality, unique style, and free spirit, all of which are reflected in the new campaign.
  • Beyond that, we find inspiration from the world around us and strive to support people through giving back and working with those who are making a difference, like Cara Delevingne.
  • Denim is a fantastic, enduring style statement and an essential part of how I express my style, says Cara Delevingne.
  • As part of the Delevingne partnership and campaign, 7 For All Mankind has donated to The Cara Delevingne Foundation, while jointly developing content to bring awareness to the causes her foundation supports.

Delta Galil Reports All Time high 4th Quarter and Full Year 2021 Results

Retrieved on: 
Tuesday, February 15, 2022

Isaac Dabah, CEO of Delta Galil, stated: We are very pleased to have completed 2021 with an exceptional quarter, reflecting the successful execution of our growth strategy.

Key Points: 
  • Isaac Dabah, CEO of Delta Galil, stated: We are very pleased to have completed 2021 with an exceptional quarter, reflecting the successful execution of our growth strategy.
  • Effective as of the second quarter of 2021, Delta Galil reorganized its business segments to better reflect and align with its strategic focus.
  • Diluted earnings per share for the fourth quarter of 2021 were $1.60, compared to $0.94 fourth quarter of 2020.
  • Operating cash flow for the fourth quarter of 2021 was $72.0 million, compared to $83.7 million in the fourth quarter of 2020.

Delta Galil Announces Preliminary 2022 Guidance and Reaffirms 2021 Guidance

Retrieved on: 
Wednesday, December 15, 2021

Delta Galil is a global manufacturer and marketer of branded and private label apparel products for men, women and children.

Key Points: 
  • Delta Galil is a global manufacturer and marketer of branded and private label apparel products for men, women and children.
  • Delta Galil also designs, develops markets and sells branded denim and apparel under the brand 7 For All Mankind, and ladies apparel under the brands Splendid and Ella Moss, among others.
  • In addition, it sells its products under brand names licensed to the company, including Wilson, Spalding, Tommy Hilfiger and others.
  • These statements discuss future expectations, contain projections of results of operations or of financial condition or state other forward-looking information.

Delta Galil Announces Confidential Submission of Draft Registration Statement for a Proposed Offering of Ordinary Shares

Retrieved on: 
Wednesday, October 20, 2021

The number of ordinary shares to be offered and the price for the proposed offering have not yet been determined.

Key Points: 
  • The number of ordinary shares to be offered and the price for the proposed offering have not yet been determined.
  • The public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.
  • This announcement is being made pursuant to and in accordance with Rule 135 under the Securities Act of 1933 (the Securities Act).
  • This announcement contains forward-looking statements concerning future events, including the proposed offering and listing of the Companys securities.

ICL Announces Chief Financial Officer Transition

Retrieved on: 
Monday, October 11, 2021

ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced CFO Kobi Altman will be retiring from the company to focus on family and personal matters, as of January 1, 2022.

Key Points: 
  • ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced CFO Kobi Altman will be retiring from the company to focus on family and personal matters, as of January 1, 2022.
  • At that time, Aviram Lahav will join ICL as CFO and become a member of the executive team.
  • Kobi is handing over a strong financial organization, which will continue to support our business growth, as the value of ICL continues to increase.
  • ICL shares are dually listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL).

Hollander Sleep & Décor Appoints New Executive Leadership Team Members

Retrieved on: 
Wednesday, September 15, 2021

"The leadership, talent and market expertise brought by these seasoned executives reinforce Hollander's position as the authority in sleep and home dcor," states Thomas Pinnau, CEO of Hollander.

Key Points: 
  • "The leadership, talent and market expertise brought by these seasoned executives reinforce Hollander's position as the authority in sleep and home dcor," states Thomas Pinnau, CEO of Hollander.
  • "I am thrilled to welcome Michael, Dave, Amy and Dave onboard as we accelerate our transformation and growth across the organization to better service our customers."
  • Michael joins Hollander with more than 25 years of transformative IT leadership in both public and leading private equity portfolio companies.
  • Most recently Dave has been working with NGB Home as Executive VP CFO/COO in sponsorship with private equity group Sycamore Partners.

PSS Names Three New Board Members

Retrieved on: 
Tuesday, August 10, 2021

Brillant will join existing Board members Christina Pagano, Treasurer Andy Craven, Secretary Patricia Nunez and President Martha Ferry as members of the Audit Committee.

Key Points: 
  • Brillant will join existing Board members Christina Pagano, Treasurer Andy Craven, Secretary Patricia Nunez and President Martha Ferry as members of the Audit Committee.
  • Chui and Mee have been named to the Nominating Committee, joining Pagano, Ferry and Vice President Josie Lawrence.
  • PSS Executive Director Rimas Jasin welcomed the Board expansion, noting, "It is incredibly important to have a wide array of skill-sets and expertise on a nonprofit board, and these new additions to the board definitely achieve that."
  • Chui comes to the PSS Board after serving on the Presbytery of New York City's Board of Trustees (member of the Presbyterian Church-USA) for six years, a tenure that gives him a unique perspective on social service outreach in New York City.