IVDNE Innovative Designs Inc.

Innovative Designs Adds Canadian Apparel Agency

Innovative Designs Adds Canadian Apparel Agency

Pittsburgh, Pa., Oct. 05, 2021 (GLOBE NEWSWIRE) -- via -- Innovative Designs Inc. (OTCPK: IVDN) has entered into a sales agreement with Canadian-based Junior Trend to represent its Insultex® insulation in Canada, Europe, China, and many selected accounts in the United States. They have begun introducing Insultex® to some of Canada’s & Europe's best coat companies, to use in their fall 2022 collections.

Steve Shein, President of Junior Trend, commented, “I have been in the coat business for over 30 years. I owned the largest domestic coat manufacturer in Canada. My experience in outerwear brand building has been highly successful and my coat manufacturing experience is extensive. The unique technology used in Insultex® shall revolutionize how designers manufacture coats, as one millimeter of thickness shall create the same warmth as a luxury down coat at a fraction of the price. This animal free product is biodegradable & breathable, exactly what the sustainable world is asking for. Imagine a hoodie as warm as a luxury down coat? The possibilities are limitless. I expect to see exponential growth in Insultex sales for the outerwear market.”

Joseph Riccelli, CEO of Innovative Designs, commented, “We are excited to join forces with one of North America’s leading sales agencies. Since signing into this agreement in mid-August, Mr. Shein’s agency has introduced Insultex® to some of the finest clothing manufacturers that exist. These companies have begun developing samples of their 2022 clothing lines using our Insultex®.”

Disclaimer

Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at .

Joseph Riccelli

412-799-0350



EN
05/10/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Innovative Designs Inc.

 PRESS RELEASE

Innovative Designs Vendor Growth

Innovative Designs Vendor Growth PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap®. This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023).  With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total. Randy ...

 PRESS RELEASE

World International Patent Organization (WIPO) Application Accepted on...

World International Patent Organization (WIPO) Application Accepted on Superior Insulation Advancement to Maximize Global Marketing Opportunities for Innovative Designs, Inc. PITTSBURGH, PA, Dec. 27, 2023 (GLOBE NEWSWIRE) -- via - Innovative Designs, Inc. (OTCQB: IVDN) is continuing to develop and protect its proprietary advanced insulation technologies. We are pleased to announce the recent filing and acceptance of an International Patent Application with the World International Patent Organization (WIPO). This addition to our existing patents is for technological improvements to Innova...

 PRESS RELEASE

Innovative Designs Inc. Receiving Orders From Numerous New Client Acco...

Innovative Designs Inc. Receiving Orders From Numerous New Client Accounts for Top Performing Insultex House Wrap With Unmatched R-6 Insulation Value PITTSBURGH, PA, Oct. 26, 2023 (GLOBE NEWSWIRE) -- via - Innovative Designs, Inc. (OTCQB: IVDN) is pleased to announce that in the company’s fiscal fourth quarter, we have gained over a dozen new client accounts for our patented, R-6 rated Insultex House Wrap®, with product being shipped out to meet rising demand. The new clients and other interested parties contacting us include some high market cap companies that are very important partici...

 PRESS RELEASE

Innovative Designs Adds New Accounts

Innovative Designs Adds New Accounts PITTSBURGH, PA, Oct. 02, 2023 (GLOBE NEWSWIRE) -- via - Innovative Designs Inc (OTCQB: IVDN) continues to add new accounts across the United States. Three of the most recent additions are as follows: (1) Guerdon LLC is the leading manufacturer of large-scale, commercial modular construction projects in the Western US and Canada. With their factory and corporate office located in Boise, Idaho they serve 10 western states including California, Colorado, Idaho, Montana, Nevada, North Dakota, Oregon, Utah, Washington, and Wyoming as well as Canada. They a...

 PRESS RELEASE

Innovative Designs, Inc. Receives $100,000 Direct Private Investment f...

Innovative Designs, Inc. Receives $100,000 Direct Private Investment from Board Member Mr. Robert K. Adams PITTSBURGH, PA, June 05, 2023 (GLOBE NEWSWIRE) -- via Innovative Designs, Inc. (OTCQB: IVDN) wishes to acknowledge a substantial new private placement investment from its Board of Directors member Robert K.  Adams. On May 30th an SEC Form 4 filing was made, reporting that Mr. Adams purchased 500,000 shares of IVDN common stock at the market price on that date of .20 per share. This transaction resulted in a cash payment to the company of $100,000 which will be used to help further c...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch