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Global Strength Lifts Delta Galil Sales, but Strong Dollar Hits Export Profits

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Hurt by a strong dollar, Israeli apparel manufacturer Delta Galil saw a drop in net income in the first quarter, though the company still increased full-year guidance. In a Nutshell: Delta Galil Industries reported a strong performance from Delta Galil USA and a contribution from Eminence as it posted sales gains in the first quarter….

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