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iFabric Corp T.IFA

Alternate Symbol(s):  IFABF

iFabric Corp. is a Canada-based company, which is engaged in the business of designing and distributing women's intimate apparel. The Company is also in the business of developing and distributing a range of products and treatments that are suitable for application to textiles, plastics, liquids, hard surfaces and finished performance apparel which integrate one or more such treatments. Its two divisions offer a variety of products and services through wholly owned subsidiaries, namely Intelligent Fabric Technologies (North America) Inc. (IFTNA) and Coconut Grove Pads Inc. (Coconut Grove). IFTNA is focused on development and sale of sports apparel, medical protective apparel, consumer protective apparel, and proprietary treatments that provide properties to fabrics, foams, plastics, and numerous other surfaces. Coconut Grove operates as Coconut Grove Intimates, is a designer, manufacturer, distributor, licensor and licensee of ladies’ intimate apparel products and accessories.


TSX:IFA - Post by User

Post by jrk8888on May 05, 2021 9:54am
167 Views
Post# 33131235

Tumi added to list of partners...

Tumi added to list of partners...

MARKHAM, ON / ACCESSWIRE / May 5, 2021 / iFabric Corp. ("iFabric" or the "Company") (TSX:IFA.TO), today announced that its wholly-owned subsidiary company, Intelligent Fabric Technologies (North America) Inc. ("IFTNA") has entered into a license agreement with Tumi Inc. ("TUMI").

"I am extremely pleased to announce a new and exciting partnership with one of the worlds most recognizable and premium travel brands. The license with TUMI is non-exclusive and covers the integration of our class leading PROTX2® anti-microbial technologies in select TUMI luggage and backpacks. When you think about all of life's major touch points, home, work, travel, school, and recreation, TUMI products cover all of those categories. Integrating our technologies offers TUMI customers a broad range of cleaner products, that perfectly blend TUMI style with the unique protection of their products," stated Giancarlo Beevis, President and Chief Executive Officer of IFNTA.

"Studies have shown the direct connection between travel and harmful microbes. Luggage can encounter up to 80 million bacteria before it ever reaches your home or hotel room," continued Mr. Beevis. "This new line of TUMI products powered by PROTX2® technologies can deliver some much-needed comfort to consumers today and in to the future of travel," concluded Mr. Beevis.

ABOUT TUMI
Since 1975, TUMI has been creating world-class business, travel and performance luxury essentials, designed to upgrade, uncomplicate, and beautify all aspects of life on the move. Blending flawless functionality with a spirit of ingenuity, we're committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions. The brand is sold globally in over 75 countries with approximately 2,000 points of sale.

For more about TUMI, visit https://www.TUMI.com

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