New license agreement signed with CK
Delat Galil to manufacture sleepwear, socks and more
18 April 2017

Tel Aviv, April 18, 2017 – Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange, DELTY.PK/OTCQX), the global manufacturer and marketer of branded and private label apparel products for men, women and children, today announced that its wholly owned subsidiary, Delta Galil USA, Inc., has signed a long-term licensing agreement with Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp., to develop, produce and distribute boys and girls underwear, sleepwear and socks for the brand.

As part of the initial 5 years of the agreement that is to begin January 1, 2018, Delta Galil will have the exclusive wholesale right to market the Calvin Klein master brand boys and girls underwear, sleepwear and socks through department and specialty stores in the United States and Canada.

“Calvin Klein has represented one of the most iconic brands for nearly 50 years, and it is a true honor to partner with them particularly in their renowned underwear and intimate apparel categories,” said Isaac Dabah, CEO of Delta Galil. “This represents an important step for Delta Galil in our ongoing strategy of enhancing our branded portfolio and broadening our presence in the premium sector.”

Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

For more information:
Nissim Douek
+972-54-5201178
Nissim@unik.co.il
U.S. Media Contact:
Stacy Berns/Melissa Jaffin
Berns Communications Group
+1-212-994-4660
sberns@bcg-pr.com