RYU Apparel news and archive

RYU Apparel appoints marketing director

RYU Apparel has named Zachary Beers as its new marketing director, effective February 1. Beers has more than 10 years of experience as a retail marketer, and joins from outdoor clothing and equipment company Arc'teryx, where he was credited with helping grow direct-to-consumer revenue from 1 million dollars to 500 million dollars. “Zach's energy...

Retail

RYU Apparel celebrates 6 year anniversary

RYU Apparel is planning to celebrate its 6 year anniversary with an annual in-store shopping event. A tradition that RYU has kept up since it first opened, the event will be held on November 26. Including live music and a 30 percent discount, RYU will also be improving its in store customer experience to make gift purchases easier. The event...

Business

RYU Apparel plans to acquire Vancouver-based Kosan Travel Apparel

Canadian urban athletic apparel brand RYU Apparel has announced plans to acquire Vancouver-based Kosan Travel Apparel as it bets on “a big resurgence of travel in 2022”. RYU said it has entered into a share exchange agreement with Kosan Travel Company Ltd., a private arm’s length British Columbia corporation, to acquire all of the issued and...

Business

RYU Apparel announces wholesale distribution agreement with Grupo Pavel

Canadian athletic apparel brand RYU Apparel has announced a wholesale distribution agreement with Mexican marketer and distributor Grupo Pavel. The deal, which RYU described as “a key step” in its wholesale strategy, will see Grupo Pavel sell RYU Apparel throughout Mexico. “Premium sportswear and athleisure represent a strong, growing market in...

People

RYU Apparel appoints Rob Blair as chief operating officer

Canadian athletic apparel brand RYU Apparel Inc has appointed Rob Blair as its new chief operating officer. Blair brings with him nearly two decades of experience at global fashion companies including Lululemon, Nike and Gap. “2020 was a difficult year for many businesses due to the pandemic. However, there are very positive tailwinds and market...

People

RYU Apparel CEO steps down, interim replacement announced

RYU Apparel CEO and president Marcello Leone has stepped down from his position at the helm of the Candian athletic apparel brand. He will stay on the board of directors and has been appointed as executive chairman. Cesare Fazari will replace Leone as CEO on an interim basis. Fazari has over 30 years of experience in retail real estate...

People

RYU Apparel announces changes to board of directors

Canadian athletic apparel brand RYU Apparel has announced the appointment of Camilo Lyon to its board of directors, effective immediately. Lyon has over two decades of corporate finance and consumer brand experience, primarily as an equity research analyst in the US focusing on global athletic and fashion lifestyle brands at top investment...

Fashion

Nike scoops Retailer of the Year Award at World Retail Congress

US sportswear giant Nike has been named Retailer of the Year at this year’s World Retail Congress in Amsterdam. Presented on Thursday evening, the award was given to Nike for its “ability to adapt and thrive amidst changing consumer expectations and trends” and for its ability to maintain “authentic and sustainable relationships with its...

Business

RYU Apparel posts 64 percent revenue growth in Q3

Revenues at RYU Apparel Inc. (Respect Your Universe), for the nine months ended September 30, 2018 were 3,267,121 Canadian dollars (24,55,955 dollars), a 77 percent rise over the nine months ended September 30, 2017. For the third quarter, the company reported revenue growth of 64 percent 1,223,524 Canadian dollars (9,19,746 dollars). The...

Business

RYU Apparel revenues increase 121 percent in 2017

RYU Apparel Inc. has reported revenue of 3,019,586 Canadian dollars (2,378,497 US dollars), for the year ended December 31, 2017, 121 percent higher than last year. The company also posted 46 percent rise in gross profit for the year. The company said, fourth quarter, its ninth consecutive quarter of increasing gross profit, included additional...

Business

RYU Apparel posts 57 percent jump in annual revenue

After re-launching the brand in November 2015, RYU Apparel said that revenue for the year ended December 31, 2016 was 1,367,043 Canadian dollars (1,024,961 dollars), a 57 percent jump over 869,917 Canadian dollars (652,263 dollars) at the end of December 31, 2015. The company also generated a positive 46 percent gross profit percentage during...