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Innovative Designs Inc   (IVDN)
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Innovative Designs Inc 's

Competitiveness


 

IVDN Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Innovative Designs Inc reported Revenue decrease in the 4 quarter 2023 year on year by -8.04 %, faster than the overall decrease of Innovative Designs Inc 's competitors by -2.68 %, recorded in the same quarter.

List of IVDN Competitors





Revenue Growth Comparisons




Net Income Comparison


Innovative Designs Inc , slower than the average decrease reported by the company's competitors of -12.13 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -12.13 %

<<  IVDN Stock Performance Comparisons


Innovative Designs Inc 's Comment on Competitors and Industry Peers


Many companies offer a type of house wrap some with insulating properties. These companies have large operations and are well financed. Some of the larger companies are DuPont, Owens-Corning and Kimberly Clark. The Company expects to face intense competition with others who have much greater resources in the building construction supply industry.

The markets served by the Company are highly competitive. Competitive pricing pressure could result in loss of customers or decreased profit margins. Competition by product type includes the following:

The markets for our products are increasingly competitive. Our competitors have substantially longer operating histories, greater brand name and company name recognition, larger customer bases and greater financial, operating, and technical resources than us. Because we are financially and operationally smaller than our competitors, we will encounter difficulties in capturing market share. Our competitors are able to conduct extensive marketing campaigns and create more attractive pricing of their target markets than we are.

Some of our biggest competitors in the Arctic Armor™ line are:

· Ice Clam Corporation
· Vexilar
· Mustang Survival
· Frabill
· Stryker

We compete in the following ways:

A. Emphasize the Advantages of our Products.

Arctic Armor Line

We emphasize the following characteristics and advantages of our Arctic Armor line products:

· light weight
· waterproof
· windproof
· sub-zero protection
· buoyancy

INSULTEX provides a scent barrier which we had a permeation test performed on at the Texas Research Institute Austin, Inc. The product was subjected to gas stimulant for an eight-hour period. The product was tested for permeation of the gas every three minutes for the duration of the test with almost no detection of the gas throughout the test. The testing was based upon accepted industry practices as well as the test method used.





  

Overall company Market Share Q4 2023

Overall company, revenue fell by -8.04 % and company lost market share, to approximately 0 %.




<<  More on IVDN Market Share.
 
*Market share is calculated based on total revenue.





Who are Innovative Designs Inc 's Competitors?




V F Corporation
Share Performance



-1.43%
This Quarter



V F Corporation
Profile

VF Corporation operates as a global apparel and footwear company. Their business model primarily focuses on designing, manufacturing, distributing, and marketing various well-known lifestyle brands such as The North Face, Vans, Timberland, and Wrangler. By leveraging their brand strength, industry expertise, and supply chain capabilities, VF Corporation aims to deliver innovative products and experiences to their customers worldwide.

More about V F Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5,350.252 mill. $ 10,454.667 mill. $ -968.882 mill.


Nike Inc
Share Performance



+0.51%
Over The Past 5 Days



Nike Inc
Profile

Nike Inc's business model revolves around the design, development, manufacturing, and marketing of athletic footwear, apparel, equipment, and accessories. The company primarily sells these products through its owned retail stores, e-commerce platforms, and a strong network of independent distributors worldwide, while also partnering with athletes, sports teams, and celebrity endorsements for brand promotion.

More about Nike Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 112,075.630 mill. $ 51,581.000 mill. $ 5,231.000 mill.


Under Armour Inc
Share Performance



-6.38%
One Year



Under Armour Inc
Profile

Under Armour Inc is a global athletic performance apparel and accessories company that operates on a direct-to-consumer business model, focusing on brand loyalty and innovation.

More about Under Armour Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,026.936 mill. $ 5,768.730 mill. $ 402.851 mill.


Pvh Corp
Share Performance



-2.80%
This Quarter



Pvh Corp
Profile

PVH Corp is a global apparel company that owns and operates various fashion brands, including Calvin Klein and Tommy Hilfiger. They design, manufacture, market, and sell clothing, accessories, and footwear for men, women, and children. PVH Corp follows a brand licensing model and works with a network of retailers and wholesalers to distribute its products worldwide.

More about Pvh Corp 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 6,279.300 mill. $ 9,011.700 mill. $ 679.000 mill.


Ralph Lauren Corporation
Share Performance



+2.55%
Over The Past 5 Days



Ralph Lauren Corporation
Profile

Ralph Lauren Corporation operates as a multibrand, global fashion company with a focus on premium lifestyle products, offering apparel, accessories, and home furnishings. Their business model involves designing, sourcing, marketing, and distributing their products through various channels, including wholesale, retail stores, e-commerce, and licensing partnerships.

More about Ralph Lauren Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 12,086.010 mill. $ 6,631.400 mill. $ 646.300 mill.


Columbia Sportswear Company
Share Performance



-0.66%
This Year



Columbia Sportswear Company
Profile

Columbia Sportswear Company's business model is centered around designing, manufacturing, and selling high-quality outdoor apparel, footwear, and equipment for various activities like hiking, fishing, and skiing. They aim to provide functional and durable products that cater to the needs of outdoor enthusiasts and athletes.

More about Columbia Sportswear Company's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 4,727.842 mill. $ 3,435.898 mill. $ 247.498 mill.


Delta Apparel Inc
Share Performance



-53.97%
30 Days



Delta Apparel Inc
Profile

Delta Apparel Inc is a vertically integrated apparel company that designs, produces, and sells a diverse range of clothing and accessories.

More about Delta Apparel Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 4.090 mill. $ 356.284 mill. $ -67.500 mill.


Vera Bradley Inc
Share Performance



-13.35%
This Year



Vera Bradley Inc
Profile

Vera Bradley Inc is a fashion company that specializes in designing, producing, and marketing accessories, handbags, luggage, and home furnishings. They operate through a multi-channel distribution strategy, selling their products through their own retail stores, e-commerce platform, and wholesale channels.

More about Vera Bradley Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 198.983 mill. $ 485.508 mill. $ -82.826 mill.



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