RYU continues its growth in the first quarter of - sportstextiles: Lea SportsTextiles

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RYU continues its growth in the first quarter of 2019

03/06/2019
Canadian athletic apparel brand Respect Your Universe (RYU) recorded revenue of just over C$1.2 million ($900 million) in the first quarter of 2019, an increase of 33% compared to the same period of last year. 

This follows on from strong full-year results in 2018, when its revenue increased 67% year-on-year. It also more than doubled its revenue in 2017.

During the first quarter of this year, the brand’s ecommerce revenue grew by 7%. 

“We started the year with exciting developments on all fronts of the business and we are pleased that first quarter results are consistent with our 2019 retail revenue target of 80%-100% year over year growth,” said Marcello Leone, CEO of RYU. 

RYU now operates a total of nine retail stores, having opened a new site in Newport Beach, California during the first quarter.  

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RYU grows annual revenue by 67% 15/05/2019
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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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