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Delta Galil CEO named 2014 business leader by Calcalist
07
Jan '15
Delta Galil, an Israeli manufacturer and marketer of global private label apparel products, has announced that its CEO, Isaac Dabah, has been selected as “Business Leader of the Year” 2014, by Calcalist, a leading financial newspaper based in Israel.

Throughout Dabah’s seven years as CEO, he has transformed Delta Galil into a global producer of branded and private label intimate apparel, socks and activewear, increasing sales by 13 per cent annually in the last five years and growing profits by 34 per cent annually.

Under Dabah’s leadership, Delta Galil acquired German intimates brand Schiesser. Today, the Company has the number one men’s underwear brand in Germany, Switzerland, Holland and Austria, and the number one market share in men’s and ladies intimates in Israel with the Delta brand.

Dabah implemented organizational changes as soon as he joined Delta Galil. He has reduced production, made it more efficient, initiated budget cuts, and signed more manufacturing contracts with larger brands. He has turned Delta-Galil into a global company that is able to manufacture anywhere in the world, as long as it proves to be profitable.

Dabah said, “I am honoured to receive this award, and grateful to Calcalist and the investment community for recognizing Delta Galil’s accomplishments. Delta’s innovative team of associates has been the driving force in our company’s growth and success. Our employees share a spirit of integrity, creativity, curiosity and commitment – with their passion and exceptional performance leading us to 21 consecutive quarters of growth.”

Delta Galil Industries Ltd. is a leading manufacturer and marketer of lingerie, sleepwear, and socks sold under leading brands such as Calvin Klein, Nike, Ralph Lauren, and more. It employs more than 9,000 people throughout its manufacturing centers in Israel, Egypt, the Far East, and Eastern Europe.

Calcalist, a daily, business newspaper/website which is part of the “Yedioth Aharonoth Group”, Israel’s largest media group, annually rates the CEOs of 50 leading companies traded in the Israeli Stock Exchange TA-100 Index. (GK)

Fibre2fashion News Desk - India


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