Ifabric Corp operates in the Women's and children's underwear sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ifabric Corp with three other
womens apparel manufacturers in North America:
Wacoal Holdings Corporation
of UNITED STATES
(2020
sales of $1.72 billion
of which 59%
was Wacoal Business (domestic)),
Ever-Glory International Group, Inc.
of UNITED STATES
($267.35 million
of which 56%
was Retail Segment), and
Canada Goose Holdings Inc
(958.10 million Canadian Dollars [US$759.79 million]
of which 55%
was Direct to Consumer).
Sales Analysis.
Ifabric Corp reported sales of C$11.52 million (US$9.14 million)
for the
fiscal
year ending
August of 2020.
This
represents
an
increase of 10.4%
versus 2019, when the company's sales were C$10.44 million.
Despite this increase, sales are still
well
below the level achieved in 2018, when Ifabric Corp
reported sales of C$15.12 million.
Sales of Intelligent Fabrics saw an increase
that was more than double the company's growth rate: sales were up
102.9% in 2020, from
C$4.70 million to C$9.54 million.
Not all segments of Ifabric Corp experienced an increase in sales in 2020:
sales of Intimate Apparel fell 42.9% to C$3.39 million.
Ifabric Corp also experienced decreases in sales in
Other Segments (down 19.3% to C$224,739.00 )
.