Delta Galil pays a great deal of attention to its bottom line as well as its customers'. The company is a manufacturer of branded and private-label apparel for the whole family that sells its upscale unmentionables in the US, Canada, Israel, the UK, and other European countries. Delta Galil also makes socks, baby wear, and leisure wear. Among others, its customers include Marks & Spencer, JC Penney, Target, Victoria's Secret, and Wal-Mart, as well as fashion houses Calvin Klein, Hugo Boss, and Ralph Lauren. The company operates more than 30 subsidiaries worldwide. Its manufacturing network spans the globe and includes facilities in Bulgaria, China, Egypt, Israel, and Mexico.
To strengthen its position as a leading manufacturer, the company has been expanding its global operations through acquisitions. To that end, the company's US subsidiary, Delta Galil USA, in late 2012 acquired the trademarks of LittleMissMatched, a maker of colorful socks and apparel for children. The purchase bolstered Delta'a branded sock business. Previously, Delta Galil purchased Israeli sock maker Gibor Sports Active Wear in 2009. Delta Galil expects the purchase will enable it to double sock sales to Nike, which could amount to more than $20 million annually. (The company's sock sales constitute about 20% of its total sales.) Gibor has factories in Israel, Jordan, and Turkey.
Beyond socks, Delta acquired women's sleepwear brand KN Karen Neuburger from Russell-Newman, Inc. in June 2011. The company expects the KN brand to ring up sales of about $20 million in 2012. The newly-acquired brand joins the Tommy Hilfiger and Lucky intimates branded businesses marketed by the company's D2 Brands division. The company in 2012 announced its plan to acquire underwear maker Schiesser AG, based in Germany, for around $90 million. The purchase of Schiesser will provide an entrance into the European market, but especially Germany's thriving economy.
The company has its sights set on broadening manufacturing operations in the Far East. The company believes that expanded facilities in the region will complement its international manufacturing spread.
In 2008 chairman Isaac Dabah took over as Delta Galil's CEO following the resignation of Aviram Lahav. Dabah, who has served as chairman since 2005, owns about 50% of the company through GMM Capital. Company founder Dov Lautman owns about 10%.