VANCOUVER, Jan. 25, 2018
/CNW/ - RYU Apparel Inc. (TSX VENTURE: RYU.V; Frankfurt Stock
Exchange: RYA ) creators of urban athletic apparel, is pleased to
announce that it has been highlighted in Canaccord Genuity's US
Research report by Camilo Lyon: "The
Experience Economy, how brands and retailers must evolve to reach
the millennial consumer." In the report dated November 17, 2017, RYU is cited as one of two
companies within the Active Gear space under the Active Lifestyle
umbrella where sustained growth is expected for this category.
Canaccord's report states: "The company's CEO Marcello Leone has completely overhauled the
company to create a unique athletic brand that sits at the cross
section of urban, tough, beautiful design. The company has won
numerous awards for its industry leading innovations in its bag and
backpack designs and is gaining fast credibility in the athletic
community for its innovative athletic urban wear."
"We are ecstatic that we are now officially on the radar of
Canaccord US, a global bank that covers all the top tier players
like Nike and Lululemon," says Marcello
Leone, CEO of RYU. "Being recognized as a company that
speaks to today's consumer by offering a new product category and
experience is a great endorsement and validation of everything we
do every day."
About RYU
Respect Your Universe is an award-winning
urban athletic apparel and accessories brand engineered for the
fitness, performance and lifestyle of the athletic man and woman.
Designed without compromise for fit, comfort, and durability, RYU
exists to facilitate human performance. For more information,
visit: http://ryu.com
On Behalf of the Board
RYU APPAREL INC.
"Marcello
Leone"
Marcello Leone,
CEO, President and Chairman of the Board
Tel: 604-235-2880
This is not a recommendation by Canaccord Genuity Inc.
to buy or sell RYU. Canaccord Genuity Research does not
cover RYU and therefore does not have a rating or price target on
the company. Clients of Canaccord Genuity Inc. can
access the report: "The Experience Economy, how brands and
retailers must evolve to reach the millennial consumer," through
their research platform.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE RYU Apparel Inc.