RYU continues its remarkable rise - sportstextiles: Lea SportsTextiles

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RYU continues its remarkable rise

27/11/2018
Canadian athletic apparel brand Respect Your Universe (RYU) has reported sales of around $900,000 in the third quarter of 2018, an increase of 64% compared to the same period of last year.

For the first nine months of the year, the brand’s revenue was just under $2.5 million, up 77% year on year.

RYU chief executive Marcello Leone said: “We are encouraged with our eleventh consecutive quarter of growth. This is a confirmation that our brand, in its early stage, continues to gain traction. With nine stores operating by the end of this fiscal year and potentially more to follow in 2019, we hope our shareholders take the time to experience the RYU brand, whether in-store or online, and continue to build the community of Respect Your Universe.”

Earlier this month, RYU held the grand opening of its new flagship store in New York. It is the brand’s second US store, to go with the five it operates in Canada. It will open a sixth in its home market before the end of 2018.

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RYU continues its growth in the first quarter of 2019 03/06/2019
RYU grows annual revenue by 67% 15/05/2019
RYU brings in ‘impressive’ new talent 02/05/2019
RYU and Lululemon resolve trademark dispute 15/10/2018
RYU bags tenth consecutive quarter of sales growth 03/09/2018
RYU celebrates first US store opening 07/08/2018
RYU to expand its presence in Toronto 08/06/2018
RYU continues remarkable rise 30/05/2018
RYU sees its revenue more than double in 2017 12/04/2018
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