Organic Basics news and archive

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...

Business

Delta Galil lowers FY outlook despite record Q3 sales

Organic Basics owner Delta Galil has lowered its full-year outlook amid “challenging economic conditions” despite reporting record sales and widening profits in the third quarter. The Israeli company posted sales of 512 million dollars in the three months ended September 30, which was 2 percent higher than the 501.1 million dollars it made a...

Business

Delta Galil snaps up sustainable Danish brand Organic Basics

Israeli textile firm Delta Galil has acquired B-Corp brand Organic Basics for an undisclosed sum. Founded in Denmark in 2015, Organic Basics makes women’s and men’s underwear, activewear, and every-day essentials using eco-friendly materials including organic cotton. Currently, more than 75 percent of the materials used to produce the brand’s...