The Collaborative International Dictionary of English v.0.48:

Galatea \Gal`a*te"a\, n. [After Galatea, a British man-of-war,
   the material being used for children's sailor suits.]
   A kind of striped cotton fabric, usually of superior quality
   and striped with blue or red on white.
   [Webster 1913 Suppl.]

WordNet (r) 3.0 (2006):

Galatea
    n 1: (Greek mythology) a maiden who was first a sculpture
         created by Pygmalion and was brought to life by Aphrodite
         in answer to Pygmalion's prayers