Delta Galil is an Israeli apparel maker with $2.12B of 2025 sales. See who controls it, its Q2 2026 results, the Reliance India venture and 2026 guidance.
Delta Galil Industries (TASE: DELG) is an Israeli apparel maker founded in 1975 by Dov Lautman and Eliezer Peleg and controlled by CEO Isaac Dabah, who holds 49.21%, according to Wikipedia. It reported record 2025 sales of $2.12 billion, and first-half 2026 sales rose 12% to $1.08 billion, per FashionUnited.
What is Delta Galil at a glance?
| Item | Detail | Source |
|---|---|---|
| Founded | 1975, by Dov Lautman and Eliezer Peleg | Wikipedia |
| Headquarters | Caesarea, Israel | Wikipedia |
| Controlling shareholder | Isaac Dabah, 49.21%, through GMM Capital | Wikipedia |
| 2025 sales | $2.12 billion, up 4%; net income $93.7 million | FashionNetwork |
| Q2 2026 sales | $511.6 million, up 9% | FashionUnited |
| 2026 sales guidance | $2.29 billion to $2.33 billion | FashionUnited |
| Employees | About 25,000 (2024) | Wikipedia |
How did Delta Galil perform in 2025 and 2026?
Delta Galil reported 2025 sales of $2.12 billion, up 4%, with a record fourth quarter of $611.1 million, FashionNetwork reported on February 19, 2026. Direct-to-consumer sales of its own brands rose 15% for the year, and net income was $93.7 million against $94.6 million in 2024.
In the second quarter of 2026, sales rose 9% to a record $511.6 million, and diluted earnings per share were $1.21 against $0.57 a year earlier, per FashionUnited. Excluding a tariff refund, gross margin hit an all-time record of 45.2%. The company reaffirmed 2026 sales guidance of $2.29 billion to $2.33 billion.
Who controls Delta Galil?
Isaac Dabah bought Sara Lee's 23% stake in Delta Galil for $27.7 million, at $6.50 a share, through his GMM Capital vehicle, Globes reported. Under the shareholders agreement at the time, founder Dov Lautman kept a controlling interest and the chairmanship. Wikipedia dates the point at which GMM Capital became the main shareholder to 2007, and Dabah is now CEO and the largest shareholder.
What does Delta Galil make and where is it expanding?
Delta Galil designs and makes branded and private-label apparel, including underwear, bras, socks, activewear and denim, per Wikipedia. In September 2024 it announced a 50/50 joint venture with Reliance Retail Ventures to enter India, which will also design and make products for Reliance's own brands, according to Textile World. ROIC.ai also lists its 2023 purchase of the Passionata brand from the Chantelle Group and a $100 million Vietnam investment.
Why does Delta Galil matter in Israel?
This section is Olam's analysis. Delta Galil is one of the few large Israeli industrial exporters still run by a controlling shareholder who also serves as CEO, and it competes in global apparel supply chains rather than through the technology-exit route that dominates Israeli business coverage. For more profiles of that kind, see Israeli founders and companies.
Delta Galil FAQ
Who owns Delta Galil?
Isaac Dabah holds 49.21% through GMM Capital, according to Wikipedia.
Who founded Delta Galil?
Dov Lautman and Eliezer Peleg founded it in 1975, according to Wikipedia and ROIC.ai.
How much revenue does Delta Galil make?
$2.12 billion in 2025, according to FashionNetwork, with 2026 guidance of $2.29 billion to $2.33 billion.
Does Delta Galil have a joint venture in India?
Yes. It formed a 50/50 joint venture with Reliance Retail Ventures, announced on September 10, 2024, according to Textile World.
How we report: Olam stories draw on public filings, company disclosures and named sources, checked by our editors. Read our methodology · Corrections
