Home / Knowledge / News / Fashion / VF Corp completes sale of 3 brands to Delta Galil
VF Corp completes sale of 3 brands to Delta Galil
27
Aug '16
courtesy: Delta Galil
courtesy: Delta Galil
VF Corporation, a global leader in the design, manufacture, marketing and distribution of branded lifestyle apparel, footwear and accessories, has completed the sale of its Contemporary Brands businesses to Tel Aviv, Israel based Delta Galil Industries. Splended, Ella Moss, and 7 for All Mankind are the three brands that are included in the transaction.

The completion of sale follows the June 30, 2016 announcement by VF that it had entered into a definitive agreement with Delta Galil regarding the sale of these businesses.

The acquisition is projected to add over $300 million in apparel marketer Delta Galil's top line annual sales and is expected to be accretive to Delta Galil's earnings in 2017.

Founded in 2000, 7 For All Mankind offers a full range of denim lifestyle products plus sportswear, footwear, eyewear, handbags, belts and kids that complement its core business. Its products are distributed globally through high-end department stores, its own retail locations and a robust e-commerce channel.

Splendid is known for its luxury knit products using soft fabrics, sexy fit and modern styling. Ella Moss is an ultra-feminine knit tops and dresses collection featuring print and pattern-driven products in bright colours.

VF will continue to have some large brands in its diversified portfolio. These include The North Face, Vans, Timberland, Wrangler, Lee and Nautica. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search