{"id":385147,"date":"2020-11-19T09:03:40","date_gmt":"2020-11-19T14:03:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385147"},"modified":"2020-11-19T09:03:40","modified_gmt":"2020-11-19T14:03:40","slug":"ryu-apparel-inc-partners-with-afterpay-to-introduce-flexible-spending","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ryu-apparel-inc-partners-with-afterpay-to-introduce-flexible-spending\/","title":{"rendered":"RYU Apparel Inc. Partners with Afterpay to Introduce Flexible Spending"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <i>\u00a0Just in time for the release of its best-selling new Ethos collection, RYU customers can now use Afterpay to pay in four interest-free installments.<b><sup>1<\/sup><\/b><\/i>\n      <\/p>\n<p>\n        <span class=\"xn-location\">VANCOUVER, BC<\/span>, <span class=\"xn-chron\">Nov. 19, 2020<\/span> \/PRNewswire\/ &#8211;<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987612-1&amp;h=436885460&amp;u=https%3A%2F%2Fryu.com%2F&amp;a=%C2%A0\" rel=\"nofollow noopener noreferrer\">\u00a0<\/a><u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987612-1&amp;h=1938500321&amp;u=https%3A%2F%2Fryu.com%2F&amp;a=RYU+Apparel+Inc.\" rel=\"nofollow noopener noreferrer\">RYU Apparel Inc.<\/a><\/u>\u00a0(TSXV: RYU) (PINK: RYPPF) (FWB: RYAA) (&#8220;<b>RYU<\/b>&#8221; or the &#8220;<b>Company<\/b>&#8220;), creator of award-winning urban athletic apparel, today announced its global partnership with <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987612-1&amp;h=4097979978&amp;u=http%3A%2F%2Fwww.afterpay.com%2F&amp;a=Afterpay\" rel=\"nofollow noopener noreferrer\">Afterpay<\/a><\/u>\u00a0(ASX: APT), the leader in &#8220;Buy Now, Pay Later&#8221; payments.<\/p>\n<p>Afterpay partners with top fashion, beauty and lifestyle retailers to give consumers a flexible way to spend their own money by paying over time, and now RYU is among them. RYU customers can select Afterpay at checkout in order to buy now and pay later. The payment service can be used to purchase items from RYU&#8217;s full product offering, including its new Ethos Collection, which features various hoodies, crewnecks, bomber jacks and other fall apparel for both men and women across multiple color options.<\/p>\n<p>On average, Afterpay&#8217;s Shop Directory generates 19 million referrals per month to its merchant partners, helping customer conversion rates increase by more than 20% and average order values increase by more than 25% compared to all other payment methods.<sup>2<\/sup><\/p>\n<p>&#8220;On the heels of our launch in <span class=\"xn-location\">Canada<\/span> earlier this year, we are extremely excited to partner with <span class=\"xn-location\">Vancouver<\/span>-born RYU to bring Afterpay to North American customers,&#8221; <b>said <span class=\"xn-person\">Melissa Davis<\/span>, Afterpay&#8217;s Head of <span class=\"xn-location\">North America<\/span>.<\/b> &#8220;The brand has a strong reputation for the performance and quality of their products, and we admire that they&#8217;re increasing efforts to produce their clothing lines locally. We look forward to helping them grow their customer base in <span class=\"xn-location\">North America<\/span> and around the world.&#8221;<\/p>\n<p>&#8220;Partnering with Afterpay will directly benefit our customers and improve the overall customer experience at RYU. We&#8217;re thrilled to be part of their merchant network, and to complete another key step in our omni-channel strategy,&#8221; said <b>Cesare Fezari, CEO of RYU<\/b>.<\/p>\n<p>\n        <b>About RYU Apparel<br \/><\/b>RYU Apparel (TSXV: RYU, OTCQB: RYPPF), or Respect Your Universe, is an\u00a0award winning urban athletic apparel and accessories brand engineered for the fitness, performance and lifestyle of the athletic man and woman. Designed without compromise for fit, comfort, and durability, RYU exists to facilitate optimal human performance.\u00a0For more information, please visit the RYU website at:<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987612-1&amp;h=1533785912&amp;u=http%3A%2F%2Fryu.com%2F&amp;a=%C2%A0\" rel=\"nofollow noopener noreferrer\">\u00a0<\/a><u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987612-1&amp;h=863335114&amp;u=http%3A%2F%2Fryu.com%2F&amp;a=http%3A%2F%2Fryu.com\" rel=\"nofollow noopener noreferrer\">http:\/\/ryu.com<\/a><\/u><\/p>\n<p>\n        <b>About Afterpay Limited<br \/><\/b>Afterpay Limited (ASX: APT) is transforming the way we pay by allowing customers to receive products immediately and pay for their purchases over four installments, always interest-free. The service is completely free for customers who pay on time\u00a0 &#8211; helping people spend responsibly without incurring interest, fees or extended debt. As at <span class=\"xn-chron\">September 30, 2020<\/span> Afterpay is offered by nearly 63,000 of the world&#8217;s favourite retailers, and is used by more than 11 million active customers globally.<\/p>\n<p>\n        <u><br \/>\n          <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987612-1&amp;h=3629668443&amp;u=https%3A%2F%2Fwww.afterpay.com%2Findex&amp;a=Afterpay\" rel=\"nofollow noopener noreferrer\">Afterpay<\/a><br \/>\n        <\/u>\u00a0is currently available in <span class=\"xn-location\">Australia<\/span>, <span class=\"xn-location\">Canada<\/span>, <span class=\"xn-location\">New Zealand<\/span>, <span class=\"xn-location\">the United States<\/span> and the <span class=\"xn-location\">United Kingdom<\/span>, where it is known as Clearpay.\u00a0 Afterpay is on a mission to power an economy in which everyone wins.<\/p>\n<p>\n        <i>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.<\/i>\n      <\/p>\n<p \/>\n<hr \/>\n<p \/>\n<div>\n<table id=\"convertedTable80c1\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt0 prnsbr0 prnbcc prnsbb0 prnsbl0\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <sup>1<\/sup><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Late fees may apply. Eligibility criteria apply. See <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987612-1&amp;h=1360825054&amp;u=http%3A%2F%2Fafterpay.com%2F&amp;a=afterpay.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">afterpay.com<\/a>\u00a0for full terms.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <sup>2<\/sup><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Source: Afterpay data<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO97708&amp;sd=2020-11-19\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/ryu-apparel-inc-partners-with-afterpay-to-introduce-flexible-spending-301177231.html\">http:\/\/www.prnewswire.com\/news-releases\/ryu-apparel-inc-partners-with-afterpay-to-introduce-flexible-spending-301177231.html<\/a><\/p>\n<p>SOURCE  RYU Apparel Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=TO97708&amp;Transmission_Id=202011190900PR_NEWS_USPR_____TO97708&amp;DateId=20201119\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire \u00a0Just in time for the release of its best-selling new Ethos collection, RYU customers can now use Afterpay to pay in four interest-free installments.1 VANCOUVER, BC, Nov. 19, 2020 \/PRNewswire\/ &#8211;\u00a0RYU Apparel Inc.\u00a0(TSXV: RYU) (PINK: RYPPF) (FWB: RYAA) (&#8220;RYU&#8221; or the &#8220;Company&#8220;), creator of award-winning urban athletic apparel, today announced its global partnership with Afterpay\u00a0(ASX: APT), the leader in &#8220;Buy Now, Pay Later&#8221; payments. Afterpay partners with top fashion, beauty and lifestyle retailers to give consumers a flexible way to spend their own money by paying over time, and now RYU is among them. RYU customers can select Afterpay at checkout in order to buy now and pay later. The payment service can be used to purchase items &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ryu-apparel-inc-partners-with-afterpay-to-introduce-flexible-spending\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RYU Apparel Inc. Partners with Afterpay to Introduce Flexible Spending&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385147","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RYU Apparel Inc. Partners with Afterpay to Introduce Flexible Spending - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ryu-apparel-inc-partners-with-afterpay-to-introduce-flexible-spending\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RYU Apparel Inc. Partners with Afterpay to Introduce Flexible Spending - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire \u00a0Just in time for the release of its best-selling new Ethos collection, RYU customers can now use Afterpay to pay in four interest-free installments.1 VANCOUVER, BC, Nov. 19, 2020 \/PRNewswire\/ &#8211;\u00a0RYU Apparel Inc.\u00a0(TSXV: RYU) (PINK: RYPPF) (FWB: RYAA) (&#8220;RYU&#8221; or the &#8220;Company&#8220;), creator of award-winning urban athletic apparel, today announced its global partnership with Afterpay\u00a0(ASX: APT), the leader in &#8220;Buy Now, Pay Later&#8221; payments. Afterpay partners with top fashion, beauty and lifestyle retailers to give consumers a flexible way to spend their own money by paying over time, and now RYU is among them. RYU customers can select Afterpay at checkout in order to buy now and pay later. The payment service can be used to purchase items &hellip; Continue reading &quot;RYU Apparel Inc. 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Partners with Afterpay to Introduce Flexible Spending - Market Newsdesk","og_description":"PR Newswire \u00a0Just in time for the release of its best-selling new Ethos collection, RYU customers can now use Afterpay to pay in four interest-free installments.1 VANCOUVER, BC, Nov. 19, 2020 \/PRNewswire\/ &#8211;\u00a0RYU Apparel Inc.\u00a0(TSXV: RYU) (PINK: RYPPF) (FWB: RYAA) (&#8220;RYU&#8221; or the &#8220;Company&#8220;), creator of award-winning urban athletic apparel, today announced its global partnership with Afterpay\u00a0(ASX: APT), the leader in &#8220;Buy Now, Pay Later&#8221; payments. Afterpay partners with top fashion, beauty and lifestyle retailers to give consumers a flexible way to spend their own money by paying over time, and now RYU is among them. RYU customers can select Afterpay at checkout in order to buy now and pay later. The payment service can be used to purchase items &hellip; Continue reading \"RYU Apparel Inc. 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