Innovative Designs Headed for Record Quarter
Marketwire - Thu Jul 10, 11:30AM CDT
Innovative Designs Inc. (OTCQB: IVDN) quarter to date comparable sales increase continues to grow as July 31 approaches. With the addition of Insultex House Wrap(R) to its product offerings, the Company is now seeing sales in what was once a slow period, selling only its Arctic Armor(R) winter apparel. With 3 weeks remaining until quarter end, comparable sales show a 4-digit percentage increase. Innovative Designs Inc CEO, Joseph Riccelli commented, "We are finishing up what will be a record 3rd quarter for the Company. History shows our past cyclical sales numbers revolved around the sales of Arctic Armor. Insultex House Wrap(R) is now making us a 12 month company."
Innovative Designs Inc. Now Supplying Midwest Distributor
Marketwire - Tue Jun 10, 11:20AM CDT
Innovative Designs Inc. (OTCQB: IVDN) has received the first purchase order for Insultex House Wrap(R) from A-Team Building Supplies LLC, its upper Midwest distributor. Shipping information has been forwarded to the Massachusetts-based manufacturing plant to begin the process of sending the first full truck to A-Team Building Supplies LLC, located in Wisconsin. A-Team Building Supplies LLC COO Andy Lindus commented, "We are anxiously awaiting this first truckload of Insultex House Wrap(R). The immediate interest we have seen is unsurpassed in all of the years we have been involved in the building industry. As soon as the product arrives, it will be distributed to our accounts that have already submitted purchase orders." Innovative Designs CEO Joseph Riccelli stated, "We are pleased that A-Team Building Supplies LLC will soon be distributing our Insultex House Wrap(R). We are diligently working to meet the demands of A-Team Building Supplies LLC and other accounts across the country."
Innovative Designs enters into five year sales representation deal
M2 - Mon Jun 02, 6:53AM CDT
Multi fashion company Innovative Designs (OTCQB:IVDN) reported on Friday the execution of a five year sales contract with David F. Bechtol.
Innovative Designs Signs 5 Year Sales Representation Agreement
Marketwire - Fri May 30, 8:50AM CDT
Innovative Designs Inc. (OTCQB: IVDN) has agreed to and signed a 5 year contract with David F. Bechtol to represent its Insultex House Wrap(R) and related products. Mr. Bechtol has a Bachelor of Science degree in Electrical Engineering from Villanova University. Mr. Bechtol will be responsible for negotiating contracts with many of the top homebuilders throughout the United States. Mr. Bechtol served as Global Sales Director for the Eaton Corporation, a power management company that provides energy-efficient solutions that help customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton sells products to customers in more than 175 countries. After leaving the Eaton Corporation, Mr. Bechtol has been involved in consulting work with many large companies including NVR/Ryan Homes. Innovative Designs Inc CEO, Joseph Riccelli commented, "We are pleased to have signed a 5 year contract with Mr. Bechtol. His expertise, along with his vast network of contacts in the homebuilding industry, will allow us to continue to introduce Insultex House Wrap(R) to many interested builders who have already expressed a desire to use our products."
Innovative Designs Adds Insultex House Wrap(R) Distributor
Marketwire - Tue May 27, 12:50PM CDT
Innovative Designs Inc. (OTCQB: IVDN) has entered into a contractual agreement with Lindus Construction to become the exclusive distributor for Insultex House Wrap(R) in the states of Minnesota, Wisconsin, Iowa and North Dakota. Lindus Construction is a multi-generational full service construction company. Established by Kevin & Emily Lindus in May of 1979, the company has grown from a 2 person construction company located in western Wisconsin to a multi-state operation with locations in: Wisconsin, Minnesota, Iowa, Nebraska, Oklahoma, Michigan & Ohio. Insultex House Wrap(R) production has been elevated to meet the demands of Lindus Construction. Andy Lindus, C.O.O. of Lindus Construction, commented, "We believe that Insultex House Wrap(R) is going to revolutionize our industry. With the new R-21 side wall laws, Insultex House Wrap (R) will allow us to meet those standards. I predict within 2 years, Insultex House Wrap(R) will own 50% of the market share for house wraps." Lindus Construction will feature Insultex House Wrap(R) in an upcoming TV episode of "Today's Home Remodeler." Innovative Designs Inc CEO Joseph Riccelli, remarked, "We welcome Lindus Construction as our upper-Midwest supplier. We have ramped up production so as to be able to meet their initial demands. Contractors in this territory will now begin to use Insultex House Wrap(R) for their various building projects."
Innovative Designs Ecommerce Expansion
ACCESSWIRE - Mon Sep 16, 6:12AM CDT
PITTSBURGH, PA,( Accesswire - September 16, 2013) - Innovative Designs Inc. (OTCBB: IVDN) Innovative Designs Insultex(R) House Wrap continues to grow its Ecommerce availability through Marketplace, a community of retailers working together to provide additional items to consumers. Through ToolKing.com, Insultex(R) House Wrap is now available online through both Sears.com and Wal-Mart.com. CEO Joseph Riccelli commented, "Through Marketplace, our Insultex(R) House Wrap is now available through two more very reputable and recognized retailers. These additions, along with current placement in the most recognized home improvement retailers in the country, now make our products easily accessible to millions of additional customers."
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WorldStockWire - Fri Sep 06, 5:30PM CDT
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Innovative Designs Adds World's Largest Home Improvement Retailer
ACCESSWIRE - Thu Aug 22, 12:59PM CDT
PITTSBURGH, PA, August 22, 2013 - (ACCESSWIRE) - Innovative Designs Inc. (OTCBB: IVDN) Innovative Designs is in the final set-up processes with Home Depot, the world's largest home improvement retailer, to add Insultex House Wrap to its product assortment. Working through Commerce Hub, Home Depot's EDI processor, the final steps are scheduled to be completed allowing for product availability by no later than early September. In addition, Innovative Designs Arctic Armor line will be available this fall in both Canada's and the United States largest sporting goods retailers. Innovative Designs CEO, Joseph Riccelli commented, "With a concerted effort of our internal staff, and our quality sales force across the United States and Canada, our products will now be available at the most recognized retailers on the North American continent. We will continue to service our other accounts that have allowed us to grow to this level, with the same quality service as always."
Innovative Designs Signs Contract with Dick's Sporting Goods
PR Newswire - Tue May 28, 1:18PM CDT
Innovative Designs, Inc. (OTCBB: IVDN) Innovative Designs has signed a contract with Dick's Sporting Goods to supply Arctic Armor product for the upcoming 2013 season. Two styles/colors of the apparel will be available at selected stores in colder regions of the U.S., while the entire Arctic Armor line will be featured on the Dick's Sporting Goods Ecommerce web site. Innovative Designs CEO, Joseph Riccelli, commented, "We are pleased to have signed this agreement with Dick's Sporting Goods. We look forward to this business relationship with one of, if not the largest sporting goods retailer in the United States."
Innovative Designs Enters Into Agreement With Edgetech Solar Energenx Co.
M2 - Fri Apr 05, 8:54AM CDT
PITTSBURGH, April 4, 2013 -- Innovative Designs Inc. (OTCBB:IVDN) has entered into an agreement with Edgetech Solar Energenx Company to begin representing its products in China, Hong Kong, Macau and Taiwan. Edgetech Solar Energenx Company has been involved in environmental technologies since 1994. Through direct relationships with manufacturers in China and Taiwan, they provide factory direct pricing on photovoltaic modules, solar hot water systems, LED lighting and advanced Alternative Energy systems for environmentally responsible solutions. The agreement states that Edgetech must place aggregate business of at least $4,000,000.00 per annum with yearly increases of 10%. Innovative Designs CEO Joseph Riccelli stated, "There has been a lot of interest in our products from the Asian market and we are looking forward to our new business relationship with Edgetech. They (Edgetech) currently do business with private enterprises and government agencies. Our products have already been presented to various private
Innovative Designs Enters Ecommerce Market
PR Newswire - Tue Mar 05, 11:27AM CST
Innovative Designs Inc. (OTCBB:IVDN) Innovative Designs Insultex® House Wrap will make its ecommerce debut beginning March 7, 2013, on www.toolking.com. Tool King started 35 years ago as a small chain of hardware stores and has grown into a major ecommerce web site offering over 150,000 products to the consumer. Tool King representative Jason DeMoss commented, "Insultex House Wrap is a cutting edge product and we at Tool King are excited to be working with them."