Fashion
Israel’s Delta Galil posts $470 mn Q2 sales, updates 2025 guidance

The gross profit climbed 2 per cent to $201.3 million, while gross margin increased by 90 basis points to a second quarter record of 42.8 per cent. The YoY increase in Q2 gross margin was due primarily to positive exchange rates, higher DTC sales and favourable segment mix, partially offset by the US tariff impact and a lower export subsidy in its Egyptian operation, Delta Galil said in a press release.
Delta Galil Industries has reported sales of $470.1 million in stable Q2 2025 despite US tariffs and regional tensions.
DTC sales rose 9 per cent, with record gross margin of 42.8 per cent.
Net income slipped to $16.7 million, while H1 sales grew 5 per cent to $968.8 million.
The company cut full-year guidance but expects to offset tariff pressures through strategic sourcing and its Egypt hub.
However, EBIT declined to $31 million from $37.8 million, weighed by higher marketing costs, expansion of DTC operations, and expenses from integrating the Passionata brand.
The net income for the quarter dropped to $16.7 million from $21 million, while diluted earnings per share (EPS) fell to $0.57 from $0.74.
“Delta delivered solid second quarter financial results despite the challenging US tariff environment this year. Despite the tariff impact, second quarter steady sales demonstrate the strength of our diversified global platform including robust growth in our branded direct-to-consumer channels,” said Isaac Dabah, CEO of Delta Galil. “Our record gross margin in this quarter on a backdrop of tariff uncertainty is a true achievement and a testament to the strength and flexibility of our vertical operating model and the agility of our operating team.”
Meanwhile, for the first half (H1) of 2025, Delta Galil posted sales of $968.8 million, a 5 per cent increase from $922.2 million in the prior-year period. DTC sales grew 12 per cent, underscoring the company’s continued shift towards branded channels.
The gross profit in H1 rose to $403.9 million from $387.9 million, though gross margin rose slightly to 41.7 per cent compared with 42.1 per cent a year earlier. EBIT remained broadly flat at $63.7 million, versus $63.8 million last year, while net income edged up to $34.3 million from $33.1 million. Diluted EPS for H1 stood at $1.18, up from $1.13 in the same period prior year.
For full year 2025, Delta revised its guidance downwards due to tariff headwinds. Sales are now expected in the range of $2.11–2.14 billion, EBIT between $171–176 million, net income of $97–101 million, and diluted EPS of $3.32–3.46.
The company projects tariffs could reduce annual operating income by as much as $22 million but aims to mitigate the impact through strategic sourcing and production shifts, particularly leveraging its Egyptian hub, which benefits from low tariff and duty advantages.
“Going forward, we see opportunity to gain market share due to our strategically located hub in Egypt with low tariff and no duty generating increasing demand from strategic customers,” added Dabah. “We are expanding and streamlining factories in strategic locations, enhancing logistics centers, and expanding our store footprint and e-commerce platform globally. We remain confident in our ability to create value for our shareholders in 2025 and beyond.”
Fibre2Fashion News Desk (SG)
Fashion
Bangladesh’s RMG exports up 4.7% in Q1 FY26, but Sept shipments dip

Woven garment exports slightly outpaced knitted garment exports in terms of growth. Knitwear exports (Chapter **) rose by *.** per cent to $*.*** billion, compared to $*.*** billion in the same period of fiscal ****–**. Woven apparel exports (Chapter **) increased by *.** per cent to $*.*** billion, up from $*.*** billion in July–September ****, EPB data showed.
Home textile exports (Chapter **, excluding ******) also grew, rising by *.** per cent to $***.** million, compared to $***.** million in the same period of the previous fiscal. Collectively, exports of woven and knitted apparel, clothing accessories, and home textiles accounted for **.** per cent of Bangladesh’s total exports, which stood at $**.*** billion during the period. Higher demand for diversified and value-added textile products supported this growth.
Fashion
Dutch manufacturing flat in August, up 1.7% from July: CBS

Slightly more than half of the various industrial sectors produced less than they did one year previously. Of the eight largest industrial sectors, output rose the most sharply in the repair and installation of machinery, while it fell the most sharply in the transport equipment industry.
A more accurate picture of changes in short-term output is obtained when the figures are adjusted for seasonal effects and the working-day pattern. After adjustment, manufacturing output rose by 1.7 per cent in August relative to July, CBS said in a press release.
In August 2025, Dutch manufacturing output remained unchanged year-on-year, although output declined in over half of the industrial sectors.
After seasonal adjustment, output rose by 1.7 per cent compared to July.
The strongest growth was seen in the repair and installation of machinery, while transport equipment recorded the sharpest decline.
After adjusting for seasonal and working-day effects, manufacturing output often fluctuates significantly. In the spring of 2020, output declined rapidly, reaching a low point in May 2020. This was followed by an upward trend until May 2022. The trend has reversed since then.
Producer confidence was less negative in September than it was in August. Manufacturers were more positive regarding output for the next three months, in particular.
Germany is an important market for the Dutch manufacturing sector. In September, German manufacturers were more negative than they were in August, as reported by Eurostat. In August, the calendar-adjusted output of the German manufacturing sector was down by 5.1 per cent, year on year. Relative to July, output fell by 5.5 per cent, as reported by Destatis.
Fibre2Fashion News Desk (RR)
Fashion
ADB commits $82.5 mn to drive Cambodia’s energy transition

The first subprogramme, approved in 2022, introduced pivotal policy measures that guided the energy sector toward a more efficient and renewable development pathway. Building on this foundation, subprogramme 2 advances regulatory reforms to strengthen the energy efficiency framework and enhance policy clarity to attract private sector investment. A key milestone under the subprogramme is the introduction of the country’s first set of regulations establishing Minimum Energy Performance Standards for electrical appliances, starting with air conditioners, which account for the largest share of energy consumption in the residential sector, ADB said on its website.
Subprogramme 2 will also establish an Energy Efficiency Revolving Fund aimed at facilitating access to finance for local small and medium-sized enterprises (SMEs) to invest in energy-efficient technologies. The revolving fund will be set up through a financial intermediation structure to enable local banks to extend loans to SMEs for energy efficiency investments. By mobilizing domestic financial institutions and supporting SMEs, the revolving fund is expected to accelerate the nationwide scale-up of energy efficiency investments.
Asian Development Bank (ADB) has approved $82.5 million for Phase 2 of Cambodia’s Energy Transition Sector Development Programme to support clean energy through policy reforms and investments.
The programme introduces energy efficiency standards, establishes a revolving fund for SME financing, and also aims to attract private investment.
“ADB is honoured to support Cambodia in its ambitious and transformative journey in the energy sector. Through a comprehensive reform package, combining policy support with strategic investments, the Energy Transition Sector Development Programme will support turning the government’s ambitious vision into reality,” said ADB acting country director for Cambodia Anthony Gill. “This includes the goal of achieving 70 per cent renewable energy in the power mix by 2030, along with a strong commitment to advancing energy efficiency, which is essential to ensure that Cambodia’s growth remains both sustainable and affordable.”
Subprogramme 2 will be followed by a third phase in 2027, which will further deepen reforms by expanding the energy efficiency regulatory framework and introducing technical standards for renewable energy, buildings, and industry to further attract private sector investment.
Fibre2Fashion News Desk (RR)
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