Delta Galil Acquires Eminence Group
3 monthes ago - By WWD
Delta Galil has acquired the Eminence Group.
The Eminence Group, which has the number-two market share in France, includes Eminence, a premium underwear brand for men, along with Athena and Liabel, mass-market underwear brands for men, women and kids. The transaction is expected to close in the third quarter of 2018.
According to Isaac Dabah, Delta Galil's chief executive officer, this move will help build out Delta Galil's presence in Europe, which accounts for less than 1 percent of its business.
“This allows us to expand our European footprint in the branded part of the business,” said...
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