iFabric Corp Signs New Agreement with The North Face
iFabric Corp. has entered into a new licensing agreement with The North Face, allowing TNF to use RepelTX ecoPEL technology in its outdoor apparel, footwear, and equipment. This collaboration aims to enhance product performance through superior water repellency, as emphasized by CEO Giancarlo Beevis. The North Face is recognized for its commitment to sustainability and outdoor innovation, and this agreement signifies the strengthening partnership between the two companies.
- New licensing agreement signed with The North Face for RepelTX ecoPEL technology.
- RepelTX ecoPEL enhances water repellency in outdoor apparel, footwear, and equipment.
- Demonstrates a growing partnership with a leading outdoor brand.
- None.
MARKHAM, ON / ACCESSWIRE / July 5, 2022 / iFabric Corp. hereinafter referred to as ("iFabric" or the "Company") (TSX:IFA)(OTCQX:IFABF), today announced that its wholly owned subsidiary company, Intelligent Fabric Technologies (North America) Inc. ("IFTNA"), has signed a new license agreement with The North Face® ("TNF"), a division of VF Outdoor LLC. ("VF"). The agreement provides The North Face® with a license to use RepelTX ecoPEL in outdoor apparel, footwear and equipment manufactured and distributed by The North Face® ("TNF").
"This new agreement represents our growing cooperation with The North Face® to integrate our innovative suite of technologies into their products. This newest collaboration showcases the culmination of rigorous product testing that clearly demonstrated the superior water repellency that The North Face, a premier outdoor apparel brand, require on their products," said Giancarlo Beevis, President and CEO of IFTNA.
ABOUT THE NORTH FACE
The North Face, a division of VF Outdoor, LLC, was founded in 1966 with the goal of preparing outdoor athletes for the rigors of their next adventure. Today we are the world's leading outdoor brand, creating athlete-tested, expedition-proven products that help people explore and test the limits of human potential. We protect our outdoor playgrounds and minimize our impact on the planet through programs that encourage sustainability. The North Face products are available at premium and specialty retail sporting goods stores globally and we are headquartered in California on a LEED Platinum-certified campus. For more information, please visit www.thenorthface.com.
ABOUT RepelTX ecoPEL:
RepelTX ecoPEL is the next generation in sustainable water repellency performance. RepelTX ecoPEL modifies fabric at the molecular level by permanently attaching hydrophobic ‘hairs' to individual fibers that lift liquids, causing them to bead and roll right off the fabric's surface.
About IFTNA
IFTNA's vision is to provide clients and consumers with the best products to create memorable and lasting brand loyalty. From patents to revolutionary textile technologies and on-trend designs and concepts, it is our mission to answer today's demand for innovative and forward-thinking solutions and products.
FOR FURTHER INFORMATION, please contact:
Hilton Price, CFO
Tel: 647.465.6161
Email: hilton.price@rogers.com
Investor relations:
Renmark Financial Services
Steve Hosein
Tel: 514.939.3989
Email: shosein@renmarkfinancial.com
Website: www.ifabriccorp.com
SOURCE: iFabric Corp.
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