Innovative tailoring provider Bagir Q2 sales up 120%
31 Aug '05
3 min read
Polgat posted a net profit of $11.6 million (NIS 51.4 million) for the second quarter, compared with $1.4 million (NIS 6.5 million) for the corresponding quarter of 2004. It posted a capital gain of $9.4 million from Bagir's IPO during the second quarter. Polgat posted a net profit of NIS 61.8 million for the first half of the year, compared with NIS 10.5 million for the first half of last year.
POLGAT TEXTILES utilizes the most modern equipment to produce some of the finest technological innovations that the textile industry has to offer. From fiber to finished fabric, the mill is completely vertical and offers customers a varied product range from the finest worsted fabrics for tailored garments to diverse blends for a sportier look. The mill has a stellar reputation for maintaining color continuity - especially in the segment of suit separates - empowering the end customer with the ultimate in buying flexibility.
Polgat Ltd subsidiary Bagir Ltd is specializing in the development, manufacture and marketing of high quality men and women´s tailored fashions. At Bagir, the global presence, vertical structure & Innovation in order to provide the consumers with the ultimate wearing experience, which combines fashion, comfort, performance and value.