iFabric Q1 Sales Soar

Above left, an adhesive bra shown on the Coconut Grove website; right, the Nudish Women’s Adhesive Clip Bra offered on the Target.com website for $22.

Q1 revenue at iFabric’s intimate apparel division jumped 212% over the same period last year, rising to $3,902,448CAD (Canadian dollars, about $2.85 million at current exchange rates) from 1,250,739CAD (about $913,000) in the first quarter of 2025.

The division, which has used the Coconut Grove name, had, for about 15 years, been licensing the Maidenform name, but exited that agreement and on December 31, 2025 and attributed the increase in “intimate apparel sales in the U.S.” to the “launch of the division’s own brand Nudish, at major retailers.” It added, “this new brand targets a younger demographic, whereas products marketed under the prior Maidenform license targeted an older demographic and were declining in sales. This new brand is no longer restricted in product categories, which should result in increased opportunities to grow future revenues of the division.”

Revenue at iFabric’s larger intelligent fabric division rocketed even more sharply, rising 305% to 23,600,247CAD (about $17.22 million) from 5,824,451CAD (about $4.25 million) in the first quarter of 2025. The firm explained, “these revenue gains comprised increased apparel sales in Canada and the U.S., as a result of new and expanded existing programs. In particular, the new product launches of the segment’s first major scrubs and footwear programs.”

iFabric, as a combined entity, reported total comprehensive earnings of 3,895,149CAD (about $2.84 million) on highest in company history revenue of  27,502,695CAD (about $20.07 million), compared to 83,801CAD (about $61,000) on total revenue of 7,080,440CAD (about $5.17 million) last year.

CEO Hylton Karon stated, “this quarter reflects both the strength of our innovation pipeline and the confidence our retail partners have in our ability to execute. We are capitalizing on new customer and product-line opportunities while continuing to scale our established core business, and the results speak for themselves.”

The intimate apparel division offers a variety of adhesive bras and intimate apparel solution items, while the Intelligent Fabric Technologies (North America) division focuses on medical scrubs and “antimicrobial, water-repellent, and other performance-enhancing treatments used across healthcare, apparel, and consumer applications.”

Recently on the Target.com website we found four Nudish products offered including the Nudish Women’s Adhesive Clip Bra - Light Beige retailing for $22; and Nudish Women’s Silicone Nipple Covers - Light Beige One Size Fits Most, at $11.