VANCOUVER, BC, March 2, 2021 /CNW/ - RYU Apparel Inc.
(TSXV: RYU) (OTC:QB RYPPF) (FWB: RYAA) ("RYU" or the
"Company"), creator of award-winning urban athletic apparel,
is pleased to announce it has provided a sponsorship to amateur
heavyweight boxer Dima Sumchenko on his bid to qualify for the 2021
Tokyo Olympic Games.
A Vancouver native, Mr.
Sumchenko has competed in the sport of boxing since the age of 12.
He is a coach and trainer at the Eastside Boxing Club, a
not-for-profit organization. Mr. Sumchenko is also the 2020,
91kg British Columbia Provincial Champion.
Other Boxing Achievements Include:
- 44 Time Western Ballroom Gold Medalist
- 2013, 64kg Provincial Champion
- 2013 Bronze Gloves Tournament Champion
- 2014, 70kg Provincial Champion
- 2014 Silver Gloves Tournament Champion
- 2015 Golden Gloves Tournament Champion
- 2020 Provincial Heavyweight Champion
- 2020 Olympic Qualifier champion
As a result of his career success, Mr. Sumchenko was selected to
take part in the 10-Day Canadian Boxing Olympic Qualifying Training
Camp held this week in Montreal.
While seeking sponsorship to help cover his flights, food and
accommodation costs for the camp, Mr. Sumchenko launched a
crowdfunding campaign on the popular Go Fund Me platform.
When RYU's team caught wind of the local story, the team wanted
to support Mr. Sumchenko's pursuit of Olympic glory.
Alongside providing performance training apparel and gear, RYU
provided the final $2500 required in
Mr. Dima Sumchenko's Go Fund Me campaign to reach the target funds
necessary to seize an opportunity that athletes dream of their
entire career.
Says RYU CEO Cesare Fazari, "I
can say with certainty that supporting an athlete like
Dima is why we do what we do at RYU. Our team respects
any athlete committed to their goal. The Olympics are the
highest aspiration of many athletes, and the years of
dedication and sacrifice are second to none. Dima is an inspiration
to our team and his own students. We're behind him all the
way!"
Says Dima Sumchenko, "I'm humbled by the generosity of the RYU
team. I've been a big fan of their products and brand for
years. My dream is to show my students, province and country that
anything is possible if you work hard, stay dedicated and show
respect. The sponsorship allowed me to focus on just my training
during this intense and crucial part of the qualifying process and
I'm forever grateful!"
About RYU Apparel
RYU Apparel (TSXV: RYU, OTCQB: RYPPF), 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. There are numerous risks and uncertainties that
could cause actual results and RYU's plans and objectives to differ
materially from those expressed in the forward-looking information,
including: (i) adverse market conditions resulting in the inability
of RYU to raise necessary financing required to enter and make
payments under the proposed definitive agreements; (ii) the
inability of RYU to obtain any necessary approvals in respect of
the proposed agreements, including approvals necessary for the
issuance of the RSU's; and (iii) inability to restructure and
transform its business as required. 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-sponsors-canadian-olympic-heavyweight-boxing-hopeful-dima-sumchenko-301238518.html
SOURCE RYU Apparel Inc.