What you need to know: • iFabric’s IFTNA division is launching Aura, a new performance medical scrubs line at Target, making the third major retailer to adopt IFTNA’s scrub platform after Walmart US and Costco Canada.
• Aura is launching in ~400 U.S. brick-and-mortar stores plus Target’s e-commerce platform, with potential for future store expansion.
• Today’s launch follows a record Q1 (revenue up 288% YoY) and the Company’s recently closed $28.0M bought-deal financing.
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