RYU Apparel, Inc. said it changed its management structure and relocated its corporate headquarters to Toronto from Vancouver, Canada. The company accepted the resignations of former COO Robert Blair and former CFO Robert Lelovic. Cesare Fazari will continue as CEO and assume interim CFO responsibilities until a replacement is found.
Blair joined the company in January 2021, with Lelovic starting in June 2022.
“These changes are what is best for the company now as we restructure our operations to build and grow the many advanced technology partnerships and alliances that will help achieve our goal of being a socially responsible aspirational global lifestyle brand,” Fazari said. “Respect Your Universe (RYU) is the basis of our brand and our operations, and we will continue to lead the market through hard work and a focus on execution.”
