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Fashion

Splendid to launch socks with Majesty Brands

Los Angeles-based lifestyle brand Splendid, known for its ultra-soft essentials, has signed a licensing partnership with Majesty Brands, which specialises in designing, manufacturing and distributing socks, slippers, sleepwear and intimates to expand into the sock category. The licensing deal will see Majesty Brands manufacture and distribute...

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Business

Delta Galil's Q2 sales decline by 10 percent

Delta Galil Industries, Ltd. reported a sales decrease of 10 percent or 9 percent in constant currency to 443.6 million dollars, driven by the macro slowdown in global consumer spending. The company’s first-half sales were 886 million dollars, a 9 percent decrease or 8 percent in constant currency. For the full year, the company expects net...

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