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After Record Sales in Q4 and 2019, Delta Galil Taking Coronavirus Impact Charge

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Sales in the fourth quarter and full year reached new highs at Delta Galil Industries, with double-digit growth in e-commerce. In a Nutshell: Delta Galil will take a coronavirus one-time impact of $5 million to $7 million in 2020, cutting into an otherwise upbeat sales and earnings forecast for the global manufacturer and marketer of…

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