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DELTY - DELTY STOCK NEWS

Welcome to our dedicated page for DELTY news (Ticker: DELTY), a resource for investors and traders seeking the latest updates and insights on DELTY stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DELTY's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DELTY's position in the market.

Rhea-AI Summary

Delta Galil Industries (DELT) has announced a new licensing agreement with Wolford, a leader in high-end apparel, to create and market women's lingerie and swimwear collections. Set for a global launch in Spring/Summer 2022, the collaboration aims to utilize Delta's design expertise and Wolford's heritage to enhance product offerings. The new collections will include a variety of styles and will be sold through various retail channels, including premium department stores and online platforms. Retail prices will range from €40 to €225 in Europe and $55 to $320 in the US.

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Delta Galil Industries (DELTY) has entered a global licensing agreement with adidas to design, manufacture, and distribute men’s and women’s underwear collections under adidas’ Badge of Sport and Originals labels. Set to launch in Spring 2022, the collections will feature innovative fabrics, including eco-friendly Tencel and Refibra™, a textile solution for recycling cotton waste. The products will be available in the APAC, EMEA, Europe, and Latin America, with women's collections also launching in North America. This partnership emphasizes innovation and expands Delta Galil's portfolio.

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Delta Galil Industries (DELTY) announced the strategic merger of its Bare Necessities and Brayola women’s intimates business units. This move aims to enhance its market position by integrating Brayola’s digital technology with Bare Necessities’ product offerings. The merger is expected to create a superior online shopping experience on BareNecessities.com, benefiting from social commerce and advanced fit technology. Delta Galil has prioritized digital innovation and e-commerce growth, following prior acquisitions in this space.

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