Respect Your Universe Inc (RYU)

[gamood]

RYU Apparel (TSX: V.RYU, Forum) further increased its market reach when the company announced today that it had been selected to be featured in the next Goop pop-up shop, Goop MRKT, a thoughtfully curated shop of beauty, fashion, food and lifestyle products. Goop MRKT serves as a brick-and-mortar extension to the wildly popular online lifestyle guide, Goop.com, created by well-known celebrity Gwyneth Paltrow.

According to the news release, RYU’s featured garments, including its TecLayr Bra Top, TecLayr Tough Capri, TecLayr Contour Bra, Daily Duffel and the brand’s signature Zero Socks and Plush Towel, will not only be available in the pop-up shop running May 5th to 22nd, 2016 in San Francisco, but will also be featured online at Goop.com starting tomorrow.

Company President, CEO and Chairman, Marcello Leone, commented, “We are incredibly honored to be selected to participate in the upcoming Goop pop-up shop and on their website. This gives RYU the opportunity to showcase our brand with a top retailer and style maker in the USA. They chose to curate and sell our most innovative pieces. We are looking forward to the collaboration and partnership with this amazing label.”

Building on its flagship store in Vancouver’s coveted fashion district, RYU intends to open an additional 100 stores across North America by 2025 with the first American store slated to open in 2017.

RYU Apparel was in the news recently when the Vancouver-based company announced at the end of April that it had been presented with the Silver A’ Design Award in Excellence in Garment and Accessory Design.

Shares were up 15.79% on the news to $0.22 per share.

Currently there are 87.99m outstanding shares with a market cap of $19.35 million.
Read more at http://www.stockhouse.com/news/newswire/2016/05/05/ryu-v-ryu-makes-cut-for-celebrity-backed-goop-pop-up-and-online-shop#Af6SrqzXJeMXUMxj.99