The July acquisition of German underwear maker Schiesser AG made an immediate contribution to Delta Galil Industries Ltd.’s sales, earnings and margins in the third quarter.
“This is Schiesser’s first quarter as part of the company, but it’s a very promising start,” Isaac Dabah, chief executive officer of the Tel Aviv-based maker of innerwear, hosiery and performance knitwear, told WWD following disclosure of the results. “It was a great fit for us strategically and it’s a consistent company with excellent shelf space. It was very profitable and there’s every reason to think it will continue to be so.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"