New Collection to be Unveiled at Upcoming Project Show in Las Vegas
TEL AVIV, Israel--(BUSINESS WIRE)--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, announced
the launch of LACOSTE Men’s Underwear and Lounge for the Spring/Summer
2015 season. The premier collection will be unveiled at the Project Show
in Las Vegas on August 18th-20th (booth #29091 at
Mandalay Bay Convention Center), and will debut internationally in seven
countries including the U.S., France, Canada, the United Kingdom,
Ireland, Germany & Austria.
“We are very proud to partner with such an iconic brand and
are pleased by the strong initial feedback, as this represents an
important step for Delta Galil in our ongoing strategy to expand our
global business, build our licensed portfolio and broaden our
international presence.”
Designed to combine elegance and comfort with quality and innovation,
the full collection of LACOSTE Men’s Underwear and Lounge includes the
legendary Pique L.12.12 Boxer Brief & Trunk, Colours, and “Motion” for
the Sport of Living. With key customers including Nordstrom,
Bloomingdale’s, and Macy’s, the collection will be picked up
internationally by House of Fraser in the United Kingdom, Kaufhof in
Germany, and Galeries Lafayette in France. Additionally, the collection
will launch in all sixty (60) LACOSTE Boutiques in the U.S., all
fourteen (14) in Canada, all UK/Ireland Boutiques, plus ten (10)
locations in France and eight (8) in Germany. The distribution focus
will also include the best men's specialty stores including green grass
shops and top tennis clubs.
“We are very excited to launch this premier collection, which infuses
fabric innovation into the sporting spirit, inventiveness and French
savior-faire inherent to the LACOSTE brand,” said Isaac Dabah, CEO of
Delta Galil. “We are very proud to partner with such an iconic brand and
are pleased by the strong initial feedback, as this represents an
important step for Delta Galil in our ongoing strategy to expand our
global business, build our licensed portfolio and broaden our
international presence.”
The collection is part of Delta Galil’s 5-year global licensing
agreement with LACOSTE, as announced in October 2013. As part of the
agreement, Delta Galil is responsible for the design, production and
distribution of LACOSTE’s Men’s Underwear collections worldwide.
About Delta Galil Industries
Delta Galil Industries is a global manufacturer and marketer of branded
and private label apparel products for men, women and children. Since
its inception in 1975, the Company has continually strived to create
products that follow a body-before-fabric philosophy, placing equal
emphasis on comfort, aesthetics and quality. Delta Galil develops
innovative seamless apparel including bras, shapewear and socks;
intimate apparel for women; extensive lines of underwear for men;
babywear, activewear, sleepwear, and leisurewear. For more information,
visit www.deltagalil.com.
About LACOSTE
LACOSTE brand is a symbol of relaxed elegance since 1933. Built on its
genuine sporting roots, the brand offers a unique and original universe
through a wide range of products for men, women and children. The
LACOSTE brand has achieved a wholesale turnover of 1.8 billion Euros in
2012 in retailer sales. In the 114 countries where the brand is present,
two LACOSTE products are sold every second through LACOSTE boutiques,
corners in department stores and a selective distribution network. For
more information, please visit www.lacoste.com.
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.
Contacts
For more information:
LACOSTE PR Director
Austin
Smedstad
asmedstad@lacoste-usa.com
or
Nissim
Douek, +972-54-5201178
Nissim@unik.co.il
or
U.S.
Media:
Berns Communications Group
Stacy Berns/Melissa
Jaffin, +1-212-994-4660
sberns@bcg-pr.com