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Home > Company Index > Consumer Products-Non-Durables  > Apparel Clothing > Delta-Galil Industries Ltd.

Delta-Galil Industries Ltd.
Nasdaq: DELT
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 NEWS FROM THE WIRES
Delta Galil to shut factory, lay off 200
Jul 30 2001 05:23 AM PDT

More WIRE STORIES about this company

 PROFILE
Delta Galil is unusually concerned about the bottom line. A maker of private-label and licensed underwear, it sells its upscale fashions in the US, Israel, and Europe. Men's and women's underwear make up some 60% of its sales. Delta Galil also sells socks, baby wear, and leisure wear. The UK's Marks & Spencer accounts for more than half of its revenues. Other customers include J. C. Penney, Victoria's Secret, and Wal-Mart. It expanded into mass merchandisers by purchasing US underwear makers Wundies and Inner Secrets. The firm has low-cost plants in Egypt, Jordan, and Turkey; it also has facilities in Israel, Scotland, and the Dominican Republic. Founder Dov Lautman owns 36% of the company; Sara Lee owns about 25%.

 COMPETITION
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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 434.40
1-Yr. Sales Growth: 22.3%
Employees: 6,326
Revenue per employee: $68,668.99

 KEY PEOPLE
• Arnon Tiberg
    CEO
• Aviram Lahav
    CFO

 CONTACT INFO
2 Kaufman St., Textile Bldg.
Tel Aviv 68012, Israel
Phone: 972-3-519-3636
Fax: 972-5-519-3705
Online: Web Site

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