A new faith clothing collection has grown from $1 million to $1,800,000 in the last year and the new investment is expected to reach $1 billion by 2021.
The company, Dynamic Faith Clothing, launched the new business in 2017 and is now worth $1bn.
The new collection includes everything from Christian and Jewish outfits to a range of Christian clothing that includes a women’s collection.
“We really believe that there is an opportunity to grow the faith and the church and our ministry and to have a greater impact in the world,” said Mark Stoll, president and CEO of Dynamic Faith.
The business is not just about clothes.
Stoll said the company also has a new vision for how faith clothing should be designed.
The brand has started to put together a design team that includes people who have been working with the designers of the Christian Clothing collection, said Stoll.
“The people who are involved with the new design team are the people who were part of the design team and are going to be working on a range, a variety of different designs,” he said.
St. Thomas More Catholic College is one of the universities that has received a new investment from Dynamic Faith, said spokesman Robert Koehler.
The school has had a lot of interest from people in the business, he said, and they were able to get a lot more out of it.
The university received $3.5 million in investments in 2017, he added.
“This was a big opportunity for St. John’s to invest in this community and we are very happy with it,” Koehl said.
The Saint Thomas More College student association is also excited about the new funding, said president Greg Martin.
“I think it shows the power of this new company,” he told CBC News.
The organization will be able to hire more staff, he explained, and the students who have graduated this year will be given a second chance to pursue careers in the school.
Stray dogs are still not allowed in church or on the campus of Saint Thomas, but Martin said the university is working to expand the policy.
“It is the right thing to do for our students, the right things for our faculty and the right way to deal with the dogs,” he explained.
“There are dogs everywhere on campus, on the buses, on campus.
It is the most beautiful place on earth, but it is not the most dog-friendly place on campus.”
St. George’s University, in Edmonton, is also a leader in the Christian clothing industry.
The city’s College of Agriculture and Life Sciences was one of three colleges that received $2.3 million in 2016 from Dynamic faith, according to the university’s annual report.
“Our university’s mission is to be a leader for the Christian world in the study and dissemination of science and knowledge,” said Associate Vice-President of Finance and Business Development, Jeffery Jones.
The college received $1million in 2016 and is planning to continue investing in the sector, he told the university blog.
Stetson University has also seen a surge in the growth of the clothing industry in recent years.
The Canadian College of Veterinary Surgeons (CCVS) has received $10.5m in funding for its College of Veterinarians and Animal Health Sciences, which includes $6.4m in new funding from Dynamic.
CCVS President John Mearns said the investment in CCVS is “a natural progression for the university” as the college continues to grow.
“As the first veterinary school in Canada, CCVS has always been an important part of our veterinary community,” he added in a release.
“With a long history of educating students in our veterinary programs, CCVSS is also an important resource for our veterinary students and the community.”
Stetsons president, John Marston, said the school is also looking at other areas of interest to grow its clothing business.
“In the last few years we have expanded our veterinary practice to include other areas such as nursing, child development and environmental health,” he wrote in an email to CBC News, adding that he is “looking to diversify our operations.”
