Israel:Delta Galil puts off buying Jones Group jeanswear business

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Delta Galil puts off buying Jones Group jeanswear business January 09, 2012 (Israel) Delta Galil Industries, Ltd. announced that all discussions regarding the potential acquisition of the jeanswear business from The Jones Group Inc. have been terminated without reaching an agreement, as the parties were unable to come to mutually acceptable terms. Delta Galil states that it continues to actively pursue other growth opportunities, both organically and through selected acquisitions. About Delta Galil Industries: Delta Galil Industries is a global manufacturer and marketer of branded and private label apparel products for men, women and children. Since its inception in 1975, Company has continually strived to create products that follow a body-before-fabric philosophy, placing equal emphasis on comfort, aesthetics and quality. Delta Galil develops innovative seamless apparel including bras, shapewear and socks; intimate apparel for women; extensive lines of underwear for men; babywear, activewear, sleepwear, and leisurewear.

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