Delta Galil to acquire Bare Necessities.

Delta Galil, a manufacturer and marketer of branded and private label apparel products for men, women and children, agreed to acquire Bare Necessities, an American lingerie, swimwear, and loungewear online retailer. Financial terms were not disclosed. "This transaction reflects our strategic growth objective to diversify our distribution channels. As the digital space currently represents the fastest growing segment in our industry, we are very pleased to acquire such an authority in online intimates. Bare Necessities can significantly enhance Delta Galil’s presence in the digital world, as we continue to pursue growth online. I look forward to partnering with the senior leadership of Bare Necessities to achieve strong, profitable growth," Isaac Dabah, Delta Galil CEO.