Delta Galil Launches LACOSTE Men’s Underwear & Lounge for Spring/Summer 2015

New Collection to be Unveiled at Upcoming Project Show in Las Vegas

Project Show in Las Vegas

TEL AVIV, Israel--()--Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange, DELTY.PK/OTCQX), the global manufacturer and marketer of branded and private label apparel products for men, women and children, announced the launch of LACOSTE Men’s Underwear and Lounge for the Spring/Summer 2015 season. The premier collection will be unveiled at the Project Show in Las Vegas on August 18th-20th (booth #29091 at Mandalay Bay Convention Center), and will debut internationally in seven countries including the U.S., France, Canada, the United Kingdom, Ireland, Germany & Austria.

“We are very excited to launch this premier collection, which infuses fabric innovation into the sporting spirit, inventiveness and French savior-faire inherent to the LACOSTE brand”

Designed to combine elegance and comfort with quality and innovation, the full collection of LACOSTE Men’s Underwear and Lounge includes the legendary Pique L.12.12 Boxer Brief & Trunk, Colours, and “Motion” for the Sport of Living. With key customers including Nordstrom, Bloomingdale’s, and Macy’s, the collection will be picked up internationally by House of Fraser in the United Kingdom, Kaufhof in Germany, and Galeries Lafayette in France. Additionally, the collection will launch in all sixty (60) LACOSTE Boutiques in the U.S., all fourteen (14) in Canada, all UK/Ireland Boutiques, plus ten (10) locations in France and eight (8) in Germany. The distribution focus will also include the best men's specialty stores including green grass shops and top tennis clubs.

“We are very excited to launch this premier collection, which infuses fabric innovation into the sporting spirit, inventiveness and French savior-faire inherent to the LACOSTE brand,” said Isaac Dabah, CEO of Delta Galil. “We are very proud to partner with such an iconic brand and are pleased by the strong initial feedback, as this represents an important step for Delta Galil in our ongoing strategy to expand our global business, build our licensed portfolio and broaden our international presence.”

The collection is part of Delta Galil’s 5-year global licensing agreement with LACOSTE, as announced in October 2013. As part of the agreement, Delta Galil is responsible for the design, production and distribution of LACOSTE’s Men’s Underwear collections worldwide.

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, the 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. For more information, visit www.deltagalil.com.

About LACOSTE

LACOSTE brand is a symbol of relaxed elegance since 1933. Built on its genuine sporting roots, the brand offers a unique and original universe through a wide range of products for men, women and children. The LACOSTE brand has achieved a wholesale turnover of 1.8 billion Euros in 2012 in retailer sales. In the 114 countries where the brand is present, two LACOSTE products are sold every second through LACOSTE boutiques, corners in department stores and a selective distribution network. For more information, please visit www.lacoste.com.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

Contacts

For more information:
LACOSTE PR Director
Austin Smedstad
asmedstad@lacoste-usa.com
or
Nissim Douek, +972-54-5201178
Nissim@unik.co.il
or
U.S. Media:
Berns Communications Group
Stacy Berns/Melissa Jaffin, +1-212-994-4660
sberns@bcg-pr.com

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Release Summary

Delta Galil Launches LACOSTE Men’s Underwear & Lounge for Spring/Summer 2015 New Collection to be Unveiled at Upcoming Project Show in Las Vegas

Delta Galil Industries, Ltd.