ISRAEL: Delta Galil Down In Q1, M&S Sales Up
Private label intimate apparel maker Delta Galil Industries Ltd today reported a 7 per cent decrease in first quarter sales, which it attributed to a "challenging economic environment, " particularly in North America. However, sales to its largest customer, UK chain Marks & Spencer, increased 5 per cent in dollar terms to $37.6 million, mirroring the general recovery in the retailer's business overall.
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