TORONTO, Dec. 9, 2022
/CNW/ - RYU Apparel Inc. (TSXV: RYU) (OTCQB: RYPPF) (FWB:
RYA) ("RYU" or the "Company"), creator
of award-winning urban athletic apparel, informs its shareholders
and the general public of the resignation of Roger Edwards as director of the company
effective immediately.
"RYU is very grateful and appreciative for his service to the
company and its shareholders", Cesare
Fazari, CEO said. "We extend future success and well wishes
going forward."
On Behalf of the Board,
RYU Apparel Inc.
"Cesare Fazari"
Cesare
Fazari, CEO
Tel: 1-844-535-2880
About RYU Apparel
Inc.
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
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 regarding, but not limited
to, RYU's future, long-term growth and success; rebuilding RYU into
an omni-channel business positioned to compete on a global
scale; the Company's belief about opportunities to overachieve in
RYU's newly-launched wholesale division; and RYU's plans to
continue to invest in wholesale and digital marketing to build
awareness, resulting in higher product demand and a positive return
to shareholders. 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, without limitation, adverse market
conditions and such other factors beyond the control of the Company
and which are more fully described in the Company's annual and
quarterly management's discussion and analysis and other filings
made by the Company with Canadian securities regulatory authorities
under the Company's profile at www.sedar.com. 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.
Neither 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.
