RYU APPAREL INC - RYPPF STOCK NEWS

RYU Apparel Inc. (OTCQB: RYPPF) has launched a limited-edition collection of performance apparel for the Canada Skateboard Team ahead of the Tokyo Olympics. The collection features hoodies and t-shirts designed to meet the athletic demands of skateboarders, emphasizing durability, weightlessness, and breathability. With designs inspired by Canada’s topography and symbols, these garments are made in Canada. The launch aligns with RYU's commitment to innovation in athletic apparel, allowing consumers to purchase these exclusive items while supplies last.

RYU Apparel Inc. (TSXV: RYU, OTCQB: RYPPF) has announced a sponsorship deal with undefeated Ultimate Fighter Ilia Topuria. The sponsorship includes $10,000 for Topuria's expenses for his fight against Ryan Hall at UFC 264 on July 10, 2021, in Las Vegas. CEO Cesare Fazari praised Topuria's dedication and winning record, highlighting RYU's commitment to supporting athletes aligned with its values. RYU aims to reconnect with its MMA roots through this partnership, providing apparel and gear for Topuria as he prepares for his upcoming event.

RYU Apparel Inc. (TSXV: RYU, OTCQB: RYPPF) shares its mid-year update, emphasizing a pivot towards long-term growth and enhanced product demand. In 2020, RYU significantly cut costs, resulting in lower losses. The company plans to focus on four strategic pillars: lean organization, brand storytelling, innovative product creation, and enhanced digital presence, with revenue growth targets set for $50M by 2025 and operating ratios improving to <35%. The firm is poised for a resurgence, with plans for a new retail model and an enhanced eCommerce strategy, aiming for sustained shareholder value.

RYU Apparel Inc. (RYPPF) announced that COO Robert Blair's interview will air on The RedChip Money Report on Bloomberg Network on June 12, 2021, at 7 p.m. EST. The interview will cover key company milestones, the re-opening of their flagship store, and a three-tier business strategy focused on enhancing customer experience. RYU Apparel specializes in urban athletic apparel, promoting optimal performance. The press release also contains forward-looking statements about potential growth and risks associated with market conditions and COVID-19.

RYU Apparel Inc. (RYPPF) announced the release of an inspirational video featuring Christopher Walken's iconic 'Lion Speech.' This motivational campaign, done in partnership with Branded Entertainment Inc., aims to uplift customers during tough times. RYU will utilize the video across social media and e-commerce platforms, promoting their RESPECT items and celebrity experiences. The speech gained fame during significant sports events and has inspired millions. CEO Cesare Fazari emphasized the marketing potential and the message of respect that resonates with consumers.

RYU Apparel Inc. (RYPPF) provides a shareholder update from CEO Cesare Fazari, highlighting the strategic significance of acquiring Kosan Travel, known for a successful Kickstarter campaign. RYU has undergone significant transformations to adapt to evolving consumer trends favoring ecommerce, which grew 19% in 2020 and is projected to comprise 22% of global retail sales by 2023. The company aims to enhance its digital presence, pursue synergistic acquisitions, and innovate the athleisure and travel-wear categories through advanced technologies, ensuring long-term growth and value for shareholders.

RYU Apparel Inc. (TSXV: RYU, OTC: RYPPF) will feature on The RedChip Money Report on Bloomberg Network on April 10, 2021, at 7 p.m. EST. The program reaches 73 million homes in the U.S. and offers insights on small-cap investing, including interviews with executives from public companies. RYU Apparel, known for its urban athletic apparel and accessories, emphasizes performance and lifestyle for athletes. View the interview segment here.

RYU Apparel Inc. (RYUPF) has announced a share exchange agreement to acquire Kosan Travel Company Ltd., a web-based travel apparel provider, for $4 million in common shares. The deal aims to capitalize on the anticipated resurgence in travel post-pandemic. Kosan's successful performance dresses and travel gear have gained a loyal following, with nearly CAD$1 million in sales through Kickstarter. Joel Primus, Kosan's co-founder, will continue as CEO and support RYU's growth strategy. The transaction hinges on Kosan's ability to raise $175,000 in equity financing before closing.

RYU Apparel Inc. (TSXV: RYU, OTC: RYPPF) has signed a two-year partnership with the NFL Alumni Academy, becoming the official urban athletic apparel provider. The Academy, located in Canton, Ohio, trains 'NFL Ready' players and has successfully placed many athletes with NFL teams. RYU's apparel will be worn by Academy players and coaches, enhancing brand visibility through co-branded marketing efforts. This partnership is expected to elevate RYU's presence in the athletic apparel market and introduce the brand to new audiences.