RYU Apparel posts 57 percent jump in annual revenue

After re-launching the brand in November 2015, RYU Apparel said that revenue for the year ended December 31, 2016 was 1,367,043 Canadian dollars (1,024,961 dollars), a 57 percent jump over 869,917 Canadian dollars (652,263 dollars) at the end of December 31, 2015. The company also generated a positive 46 percent gross profit percentage during the year marking its fifth consecutive quarter of revenue growth since re-launch.