Respect Your Universe, Inc. Reports 175% Sales Increase And 53% Net Loss Reduction For Second Quarter Ended June 30, 2013
RYU is a vertically integrated, active lifestyle apparel brand focused on the needs of individuals and athletes alike. The men's and women's performance and active wear lines are specially designed for people who love to move, feel comfortable and look great. Crafted from organic and/or recycled materials, our products are also designed to help nurture the environment.
RYU encourages all investors and interested parties to visit www.ryu.com for additional information.
On Behalf of the Board
RESPECT YOUR UNIVERSE, INC./s/ Craig Brod Craig BrodCEO and Director Statements regarding future growth, growth strategy, the intention to open pop-up locations to develop an expanded retail strategy and how this may benefit RYU's other sales channels, and the intention to redesign RYU's web site before the end of 2013 are forward-looking statements, which are subject to risks and uncertainties that 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: an economic downturn or economic uncertainty in RYU's key markets; increasing product costs and decreasing selling prices; adverse changes with respect to consumer preferences; inability to develop and introduce new products; inability to manage its growth and the increased complexity of its business; fluctuating costs of raw materials; RYU's highly competitive market and increasing competition; inability to successfully open new store locations in a timely manner; and inability to increase and maintain the value and reputation of its brand. Except as required by law, RYU undertakes no responsibility to update any of the 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.
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