Splendid news and archive

Delta Galil's Q2 sales decline by 10 percent

Delta Galil Industries, Ltd. reported a sales decrease of 10 percent or 9 percent in constant currency to 443.6 million dollars, driven by the macro slowdown in global consumer spending. The company’s first-half sales were 886 million dollars, a 9 percent decrease or 8 percent in constant currency. For the full year, the company expects net...

People

Delta Galil Premium Brands gains Tim Baxter as new CEO

Delta Galil Industries Ltd. just announced a new chief executive officer of Delta Galil Premium Brands. Hailing from his previous position as chief merchandising officer of Macy's Inc., Tim Baxter is set to step in for the head role. He will now oversee Delta Galil's brands such as Seven For All Mankind and Splendid. “We are very pleased to...

Apparel

7 For All Mankind enters India

Maxxis Group, a retail and distribution platform is bringing to India iconic luxury denim brand 7 For All Mankind (7FAM). The brand, a favorite among the Hollywood stars, will now be available in Delhi. The first 7 For All Mankind store will open at Delhi’s posh Select Citywalk mall on January 20. 7FAM is owned by VF Corporation, the global...