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Business

Delta Galil makes major layoffs after acquiring brands

Delta Galil Industries, Ltd. recently just completed its acquisition of three apparel brands from VF Corporation. After taking over the companies, the leading manufacturer for apparel products has announced that it will have layoffs for 65 current employees. The announcement was made on Sept. 8, as reported by Apparel News, where employees from...

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ManagementFeatured

VF Corp. sells off 7 For All Mankind, Splendid and Ella Moss

London - VF Corporation is set to shed its contemporary brand business as the US company seeks to maximize its growth by cutting its poorly performing brands and focusing in its core brands. The company announced on Thursday it had signed a definitive agreement to sell brands 7 For All Mankind, Splendid and Ella Moss to Delta Galil Industries...

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