VANCOUVER, BC, Feb. 10, 2021 /CNW/ - RYU Apparel
Inc. (TSXV: RYU) (OTC: RYPPF) (FWB: RYAA) ("RYU" or the
"Company"), a creator of award-winning urban athletic
apparel, is pleased to welcome Ms. Stefanie
Crosby to its board of directors.
Ms. Crosby brings a wealth of experience in corporate
development to RYU. Through her company Triumspear International,
she has executed corporate turn-a rounds, advised on cross-border
mergers & acquisitions, developed business plans and strategies
that have helped her clients achieve major corporate
milestones. She has developed projects and executed on
initiatives through close strategic partnerships with various
constituents that include government leaders, heads of state,
captains of industry, executives, and worldwide family offices.
In addition to her work with Triumspear, Ms. Crosby is a
consultant for Myseat Media, an innovative fan engagement platform
where artists, celebrities, and athletes leverage their social
media to generate recurring revenues while maintaining ownership of
their data. Ms. Crosby also works as a global sports advisory
agent helping to solve key challenges for iconic brands.
Ms. Crosby holds an Executive MBA from John Molson School of Business in Montreal, Canada. She will work with RYU's
board of directors and leadership team to develop and help
implement RYU's strategic direction, financial strategies and
global expansion.
Ms. Crosby commented, "I am delighted to join RYU's board of
directors. I look forward to leveraging my experience and contacts
to help facilitate RYU's growth initiatives. As a former
Olympic-level athlete, I personally connect with the company's rich
heritage of high-end performance products, sport-style innovation,
and its culture of high achievement and integrity."
RYU CEO Cesare Fazari stated: "It
is an honor to welcome Ms. Crosby to our board of directors.
Her international business connections, her sports and lifestyle
branding expertise and her vision to help RYU become a global
brand, makes her an important addition to our team."
About RYU Apparel
RYU Apparel (TSXV: RYU, PINK: RYPPF, FWB: RYAA), or 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 optimal human performance. For more information,
please visit the RYU website at: http://ryu.com.
Forward Looking Statements Disclaimer
Neither the TSX Venture Exchange Inc. nor its Regulation
Service Provider (as that term is defined in the policies of the
TSX Venture Exchange Inc.) accepts responsibility for the adequacy
or accuracy of this press release.
This news release contains forward-looking information that
involves various risks and uncertainties regarding future events.
Such forward-looking information can include without limitation
statements based on current expectations involving a number of
risks and uncertainties and are not guarantees of future
performance of RYU, such as statements growth initiative and
financing strategies, including: (i) adverse market
conditions, including conditions arising as a result of the
COVID-19 pandemic or otherwise; (ii) an inability to renew the RYU
brand, implement strategic objectives and regain profitability;
(iii) failing to meet target revenue projections as anticipated;
(iv) failing to enter into the anticipated consulting arrangement
and (v) the inability to complete the planned re-opening of the its
store or the piloting of the "RYU Studio" concept. Actual results
and future events could differ materially from those anticipated in
such information. These and all subsequent written and oral
forward-looking statements are based on estimates and opinions of
management on the dates they are made and are expressly qualified
in their entirety by this notice. Except as required by law, RYU
does not intend to update these forward-looking
statements.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/ryu-apparel-inc-announces-the-appointment-of-international-business-woman-stefanie-crosby-to-its-board-of-directors-301225533.html
SOURCE RYU Apparel Inc.