Respect Your Universe, Inc. announced that Munir Ali has resigned as a director of RYU due to other increased business commitments. Mr. Ali was a board and audit committee member, and was integral in listing RYU on the TSX Venture Exchange in 2012. RYU also announced that as part of a board approved restructuring plan, the position of Chief Operating Officer has been eliminated and Mr. Erick Siffert is no longer employed by the company.

The company is in discussions with Mr. Siffert regarding a possible relationship.