iFabric Announces Footwear Program at Wholesale Club Retailer

Executive Summary

• iFabric Corp.’s subsidiary Intelligent Fabric Technologies (North America) Inc. (IFTNA) launched a Roots® branded footwear line in Canada, initially sold through a nationwide wholesale club retailer.
• The company projects the footwear program will generate approximately $8 million of incremental revenue in its first calendar year.
• Management highlighted the launch as a strategic expansion into a “large, under‑penetrated” finished‑product category and indicated further product‑category expansions are planned for 2026.

Key Details

• Launch Partner: Nationwide Canadian wholesale club retailer (initial rollout).
• Product Scope: Roots® branded footwear designed, developed, and produced by IFTNA, incorporating multiple proprietary performance technologies for comfort, wearability, and freshness.
• Revenue Expectation: Approximately $8 million incremental revenue within the first calendar year of distribution, based on partner commitments.
• Growth Potential: Opportunity to add additional styles, seasonal offerings, and expand into other retail channels over time.
• Strategic Rationale: Footwear identified as a “large, under‑penetrated” category for IFTNA’s technology platform; aims to leverage strong brand identity (Roots®) with proprietary performance benefits.
• Future Plans: Management indicated further new product‑category expansions in 2026 that will utilize IFTNA’s technologies and manufacturing capabilities.

Notable Quotes

“Footwear is a large, underpenetrated category for our technology platform, and this Roots® program is a meaningful step in expanding IFTNA's finished-product capabilities.” – Giancarlo Beevis, President & CEO, IFTNA

“This Roots® footwear program builds on iFabric's previously announced expansion initiatives… Looking ahead, IFTNA expects further new product category expansions in 2026…” – Giancarlo Beevis, President & CEO, IFTNA