VANCOUVER, BC, November 24, 2021 / CNW / – RYU Clothing Inc. (TSXV: RYU) (OTCQB: RYPPF) (FWB: RYAA) (“RYU“or the”Society“), an award-winning urban sportswear designer, is proud to celebrate its sixth anniversary with an annual in-store shopping event – a tradition RYU has upheld since its inception.
Along with the anniversary event and the start of the holiday shopping season, RYU is revamping its in-store customer experience to make gift shopping effortless for those who embrace fitness, performance and movement into their daily lives.
Special event date
RYU is also proud to celebrate its sixth anniversary with a look back at key milestones, including the recent launch of its inaugural catalog, and a glimpse of what lies ahead for the brand’s continued growth.
What started as a mixed martial arts equipment company in 2015 has grown into a coveted sportswear brand united by purpose and motivated by movement. By focusing on a broader performance and lifestyle consumer and expanding its product lines to include versatile apparel, bags and accessories, RYU has grown into a leading omnichannel retailer with a commerce platform. rugged electronics, wholesale accounts, mortar stores, and a whole new catalog business.
Led by an industry leader Rob blair As COO, the team’s understanding of market trends and cutting edge design has contributed to a growing loyal fan base and several strategic partnerships:
Special brand uniforms and equipment for the Canada’s National Skateboard Team to represent their country at the Tokyo Olympics, as well as a limited edition of hoodies and t-shirts for the public
Official sponsor of high performance clothing for the NFL Alumni Academy, including exclusive training gear and branded streetwear clothing for athletes and coaches
Influence campaign and exclusive brand collection with The wall trainer, manufacturers of training machines for the whole body
Additionally, RYU launched its first print catalog earlier this month, with distribution to households across the United States. The catalog program generated an increase of 407% USD compared to the same period the previous year. In addition, combined e-commerce sales are up 116% increase over the same period the previous year. This new sales and marketing channel, which is part of their four-pillar growth strategy, creates an additional point of contact for existing customers while expanding their reach to new audiences.
âCelebrating our anniversary is celebrating our customers, partners and shareholders. Without their support we would be in a very different situation today â, said the CEO Caesar Fazari. âTheir confidence in our vision has enabled us to take several successful steps over the past yearâ¦ and we are just getting started. “
RYU looks forward to the solid final two months of 2021, which will set them up for the sequel: reinventing their brand to tell a clearer, more inspiring story that resonates with their audience, and rebuilding their consumer database for more precise targeting. and awareness.
According to Technavio, the global sportswear market is expected to grow by more than $ 157 billion between 2020-2024. RYU capitalizes on this opportunity by investing in its brand, expanding its audience base, pursuing synergistic partnerships and continuing to design innovative clothing for performance and everyday life that reflects a conscious and continuous practice of movement.
About RYU Clothing
RYU Apparel (TSXV: RYU, OTCQB: RYPPF), or Respect Your Universe, is an award-winning brand of urban sports clothing and accessories designed for the fitness, performance and lifestyle of men and women. athletic woman. Designed without compromise for fit, comfort and durability, RYU exists to facilitate optimal human performance. For more information, please visit the RYU website at: http://ryu.com.
Forward-looking statements Disclaimer
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release. Press.
This press release contains forward-looking information that involves various risks and uncertainties regarding future events. This forward-looking information may include, without limitation, statements based on current expectations involving a number of risks and uncertainties and are not guarantees of the future performance of RYU, such as statements about the renewal of the business. RYU brand, The Wall Trainer’s success or efficiency or partnerships. of Influencers. There are numerous risks and uncertainties that could cause RYU’s actual results and plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions, including conditions resulting from the COVID-19 pandemic or otherwise; (ii) an inability to renew the RYU brand, implement strategic objectives and regain profitability; (iii) fail to achieve target income projections as planned; (iv) non-compliance with the planned consulting agreement and (v) the impossibility of completing the planned reopening of its store or the management of the âRYU Studioâ concept. Actual results and future events could differ materially from those anticipated in this information. These subsequent written and oral forward-looking statements and all subsequent forward-looking statements are based on management’s estimates and opinions as of the dates on which they are made and are expressly qualified in their entirety by this notice. Except as required by law, RYU does not intend to update these forward-looking statements.
View original content to download multimedia:https://www.prnewswire.com/news-releases/ryu-apparel-celebrates-its-6-year-anniversary-with-in-store-event-and-a-look-back-at-key-highlights- and-what-next-301431883.html
SOURCE RYU Clothing Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2021/24/c7402.html