Ath-leisure is going global and Tel Aviv-based intimates and apparel manufacturer Delta Galil is taking advantage of the trend to extend its business.
The company — which counts Seven For All Mankind, Splendid, Schiesser, Eminence, Delta, P.J. Salvage, Karen Neuburger, Nearly Nude and Fix among its brands, in addition to the private label and licensing businesses — grew on both top and bottom lines in the most-recent quarter.
The biggest headwind was the company’s North American wholesale business, a trend that was seen among other retailers, including Urban Outfitters. That could be bad news for Delta Galil, which does about half of its business in the U.S.
But Isaac Dabah, the company’s chief executive officer, told WWD that the results were positive overall. And there were a few bright spots, including sports socks and seamless attire.
“There are so many iterations about how you can do seamless. I think it’s about comfort,” Dabah said, citing the reason why ath-leisure continues to grow in popularity — even outside of the U.S.
Splendid, which makes activewear and ath-leisure apparel, is part of the Delta Galil portfolio.
The comfort trend is one that seemingly has no end in sight. And Delta Galil isn’t alone in benefiting from it.