IFabric & The Lad Collective Bringing Enhanced Function Bedding to North America

Executive Summary

• iFabric’s subsidiary Intelligent Fabric Technologies (North America) Inc. (IFTNA) signed a licensing agreement with Australian brand The Lad Collective (TLC) to manufacture, market and distribute TLC‑branded bedding products in North America.
• The deal leverages IFTNA’s proprietary textile technologies (e.g., PROTX2) with TLC’s patented functional innovations, expanding IFTNA into the home‑bedding category.
• Both companies highlight the partnership as a key step in executing IFTNA’s strategy to broaden its product portfolio beyond apparel and enter new consumer categories.

Key Details

• Parties: Intelligent Fabric Technologies (North America) Inc. (“IFTNA”), a wholly owned subsidiary of iFabric Corp., and The Lad Collective Pty Ltd (“TLC”).
• Agreement Scope: IFTNA will manufacture, market, and distribute TLC bedding products across North America, incorporating TLC’s patented functional utility innovations with IFTNA’s advanced textile technologies.
• Strategic Rationale: Aligns with IFTNA’s previously announced plan to expand into new categories and apply its textile platforms beyond traditional apparel.
• Product Focus: Bedding items that integrate utility‑driven features (e.g., simplified bed‑making, enhanced comfort) with performance‑enhancing textile treatments such as PROTX2.
• Market Opportunity: Addresses a “whitespace” in the North American bedding market, which historically lacks high‑tech innovation.
• Company Statements:
• Giancarlo Beevis (President & CEO, IFTNA) emphasized the partnership’s potential to deliver differentiated, functionally enhanced bedding.
• Bill and Ed Ovenden (Co‑Founders, TLC) highlighted the ability to scale their patented innovations in North America through IFTNA’s manufacturing capabilities.
• No Financial Terms Disclosed: The release does not provide monetary consideration, royalty rates, or other financial specifics of the licensing arrangement.

Notable Quotes

“The Lad Collective has created a smart, patent‑protected approach to bedding‑practical features that solve real everyday challenges for consumers,” – Giancarlo Beevis, President & CEO, IFTNA.

“Partnering with IFTNA gives us the ability to bring those solutions to North America at scale, supported by its world‑class manufacturing and textile‑technology platform,” – Bill Ovenden, Co‑Founder, The Lad Collective.