RYU grows annual revenue by 67% - sportstextiles: Lea SportsTextiles

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RYU grows annual revenue by 67%

15/05/2019
Canadian athletic apparel brand Respect Your Universe (RYU) has reported revenue of just over C$5 million (around $3.7 million) in 2018, an increase of 67% compared to the previous year.

This came off the back of a very strong fourth quarter, when sales at the company’s new retail sites in Brooklyn and Toronto made a contribution.

"We are delighted with this quarter and yearly results and the constant progress we are making in our strategic plan," said Marcello Leone, CEO of RYU. "Moving forward, RYU remains focused and we have a solid execution plan in place to position the brand for success.”

The brand now has nine stores in North America. It has a further two under construction in California, which are scheduled to open in summer 2019.

Related stories:

RYU continues its growth in the first quarter of 2019 03/06/2019
RYU brings in ‘impressive’ new talent 02/05/2019
RYU continues its remarkable rise 27/11/2018
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
RYU turns to Polygiene to combat workout odour 11/01/2017

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