RYU Apparel enters Nordstrom
RYU Apparel Inc is expanding into wholesale with its latest partner, Nordstrom. The Vancouver-based athletic brand announced last week that a selection of its menswear and bags will be carried for sale at select Nordstrom locations in the United States and Canada, as well as through Nordstrom.com.
"Nordstrom choosing to retail RYU is a wonderful validation of our product and direction" said Marcello Leone, CEO and President of RYU, in a news statement. "Nordstrom is one of the best retailers in the world and it is exciting that they have chosen RYU to add to their mix of merchandise. We are grateful for the exposure in one of the most iconic retailers in the world that continues to innovate in the omnichannel retail space."
While the Canadian company has done some wholesale with fitness facilities, Nordstrom is RYU’s first full retail only account.
“We will continue to explore this avenue – but very selectively with the distribution," said Alex Briglio, Vice President of Marketing at RYU, to Fashionnetwork.com.
The young company has opened five Canadian storefronts to date and has plans to open its first US store in Brooklyn, New York, later this year, bringing its total store count to six.
Its first flagship store opened in Vancouver in 2015. The company equally operates a global commerce website.
RYU has been on a steady growth path since the company first launched. In its last reported quarter, ended September 30, 2017, the company saw revenue jump 125 percent compared to the same period in 2016, to $745,226.
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