VANCOUVER, BC, April 14,
2022 /CNW/ - RYU Apparel Inc. (TSXV: RYU)
(OTCQB: RYPPF) (FWB: RYAA) ("RYU" or the "Company"),
creator of award-winning urban athletic apparel, is pleased to
announce that it will be launching a new fully integrated, cross
channel marketing campaign for backpacks, a key category for
RYU as part of their bags and packs product line.. With
updated inventory of their award-winning styles and fresh, new
designs, these go-anywhere packs will target a broader
audience and convert them into the next wave of RYU brand
loyalists. The global backpack market is expected to reach more
than $2 billion USD in 2025 with a
CAGR of 7.23% between 2020-2025[1], making it an ideal product
for reaching new audiences. RYU will launch their new
backpack campaign with the tagline "How Far Will You Go?"
which aligns with their Movement Matters brand mantra.
This marks the company's first campaign under new Director of
Marketing, Zachary Beers(formerly of Arc'teryx) with the
objective of broadening RYU's market position beyond technical
performance and competitive achievement. The company focuses
on products for all who move, so their backpacks make an
excellent vehicle for movement-based storytelling. By taking this
newly developed brand position and visual aesthetic outside the
company's traditional scope, RYU will open themselves up to a
broader audience, attracting new enthusiasts with relatable,
authentic content and a premium product experience.
Over the next seven weeks, RYU will introduce
their 7-item backpacks category with PPC ads and a
new landing page, driving users to a curated shopping
experience on their ecommerce platform. This will be
augmented with a storytelling campaign to introduce a variety
of uses for the backpacks based on core RYU activities like urban
training, as well as broader interests like mountain biking and
travel. All content will be shared across paid, earned and
owned channels for maximum reach and engagement. They will
also publish articles, sponsored content and contests on
high profile third-party sites to improve audience acquisition and
drive traffic to RYU's ecommerce site.
According to Mr. Beers , "We will execute an aggressive new
digital marketing campaign to secure premium positioning for our
content and reach a new target audience. Our social
strategy will leverage key partners in new movement spaces so we
can introduce RYU to an expanded audience, leading with one of our
best product collections: backpacks."
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 active lifestyles. 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.
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https://www.marketwatch.com/press-release/backpack-market-size-2022---prominent-growth-driversstatus-and-outlook-withopportunities-and-challenges-new-investment-scenario-research-scope-and-share-forecast-by-2025-2022-01-21
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SOURCE RYU Apparel Inc.