Vancouver retailer to open new store on Thurlow and Robson
VANCOUVER, April 7, 2016 /CNW/ - RYU Apparel Inc. (TSX VENTURE: RYU & Frankfurt Stock Exchange: RYA), a tailored, technical training brand engineered for the fitness, training and performance of the multi-discipline athlete, is pleased to announce it has secured a location for its second retail store.
Situated in the heart of the Robson corridor, Vancouver's most established retail strip, the new store will be located at 805 Thurlow Street, adjacent to retail anchors Banana Republic and Aritzia. Slated to open in the summer of 2016, the retail space spans approximately 1,100 square feet and will be designed with the same industrial, yet modern aesthetic as RYU's flagship store, which opened in November 2015.
"After initial success with our flagship store in Kitsilano – the athletic hub of the city – Robson was the next logical location," said Marcello Leone, CEO, President and Chairman of the Board for RYU. "As Vancouver's premiere shopping destination it attracts shoppers from all corners of the city and beyond."
RYU continues to investigate other major metropolitan locations to further its store expansion plans.
RYU Apparel Inc. is a tailored technical training brand engineered for the fitness, training and performance of the multi-discipline athlete. Designed without compromise, RYU exists to facilitate human performance. For more information, visit: http://ryu.com
On Behalf of the Board
RYU APPAREL INC.
Marcello Leone, CEO, President and Chairman of the Board
Statements regarding the opening of the Thurlow location in summer 2016 and subsequent store expansion plans are "forward-looking statements" which are subject to risks and uncertainties which may cause the actual results, performance or achievements of RYU to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, among others, that the company will execute on its business plan, raise additional financing as and when required, receive all permits for store openings and find suitable locations for additional stores. Except as required by law, RYU undertakes no responsibility to update any of the forward-looking statements contained in this news release.
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.
For further information: RYU Apparel Inc., Investor Relations, Contact: Anna Brazier, +1 844 535 2880, email@example.com, www.ryu.com; For Media inquiries, contact: Katie Stevens, 778-686-0906, firstname.lastname@example.org