WRAY

WRAY, a Latinx-Owned Sustainable Luxury Fashion Brand, Opens Its First Brick-and-Mortar Store in New York City, Expands New Round of Funding

Retrieved on: 
Tuesday, January 10, 2023

WRAY , a Latinx-owned sustainable luxury fashion brand, today officially announced the opening of its first brick-and-mortar store in New York City as it continues to raise its first round of investment.

Key Points: 
  • WRAY , a Latinx-owned sustainable luxury fashion brand, today officially announced the opening of its first brick-and-mortar store in New York City as it continues to raise its first round of investment.
  • View the full release here: https://www.businesswire.com/news/home/20230110005058/en/
    WRAY's first brick-and-mortar store is located at 38 Orchard Street in New York City.
  • (Photo: Business Wire)
    The brick-and-mortar store, located at 38 Orchard Street in New York City, saw significant in-store revenue within the first two months of opening, exceeding expectations by 75%.
  • WRAY is now raising funds from investors as it expands into new categories, including jewelry and home goods.

Global Demand For Vanadium Is Expected To Grow at an Increased Paced

Retrieved on: 
Thursday, April 7, 2022

PALM BEACH, Florida, April 7, 2022 /PRNewswire/ -- In 2020, the vanadium market had to navigate the uncertainty that COVID-19 brought to every sector of the economy. Commenting on how prices performed during the first six months of 2021, Willis Thomas of CRU Group told the Investing News Network (INN) that prices came on quite strongly in Q2. "The pandemic recovery in the world ex-China drove new demand growth, while Chinese demand remained strong," he said. The steel sector continued to be the main driver of vanadium this year, and throughout the first half of 2021 demand from the rest of the world continued to catch up with China.  Now, as 2022 kicks off, global demand for vanadium is expected to grow.  He added: "There is limited demand downside, as either growth is expected to slow (steel, chemicals) or increase in pace (aerospace, batteries) as all main demand categories are poised for some growth," Thomas said.  "For the aerospace/titanium segment, aircraft inventory is moving again and the supply chain is starting to pull in more vanadium," Thomas said, adding that CRU is looking for demand increases for 2022 over 2021 figures. "This sector is lagging from pandemic recovery by about one year to 18 months."    Active companies in the markets today include:  BASIN URANIUM CORP. (OTCPK: BURCF) (CSE: NCLR), Uranium Energy Corp (NYSE: UEC), NexGen Energy Ltd. (NYSE: NXE) (TSX: NXE), Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Skyharbour Resources Ltd.'s (OTCQB: SYHBF) (TSXV: SYH).

Key Points: 
  • "The pandemic recovery in the world ex-China drove new demand growth, while Chinese demand remained strong," he said.
  • Now, as 2022 kicks off, global demand for vanadium is expected to grow.
  • Another segment that continues to grab attention from investors is the battery space, as vanadium is a key metal used in vanadium redox batteries.
  • In 2022, CRU expects demand for batteries to be up significantly in China and moderately in the rest of the world.

Global Demand For Vanadium Is Expected To Grow at an Increased Paced

Retrieved on: 
Thursday, April 7, 2022

PALM BEACH, Florida, April 7, 2022 /PRNewswire/ -- In 2020, the vanadium market had to navigate the uncertainty that COVID-19 brought to every sector of the economy. Commenting on how prices performed during the first six months of 2021, Willis Thomas of CRU Group told the Investing News Network (INN) that prices came on quite strongly in Q2. "The pandemic recovery in the world ex-China drove new demand growth, while Chinese demand remained strong," he said. The steel sector continued to be the main driver of vanadium this year, and throughout the first half of 2021 demand from the rest of the world continued to catch up with China.  Now, as 2022 kicks off, global demand for vanadium is expected to grow.  He added: "There is limited demand downside, as either growth is expected to slow (steel, chemicals) or increase in pace (aerospace, batteries) as all main demand categories are poised for some growth," Thomas said.  "For the aerospace/titanium segment, aircraft inventory is moving again and the supply chain is starting to pull in more vanadium," Thomas said, adding that CRU is looking for demand increases for 2022 over 2021 figures. "This sector is lagging from pandemic recovery by about one year to 18 months."    Active companies in the markets today include:  BASIN URANIUM CORP. (OTCPK: BURCF) (CSE: NCLR), Uranium Energy Corp (NYSE: UEC), NexGen Energy Ltd. (NYSE: NXE) (TSX: NXE), Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Skyharbour Resources Ltd.'s (OTCQB: SYHBF) (TSXV: SYH).

Key Points: 
  • "The pandemic recovery in the world ex-China drove new demand growth, while Chinese demand remained strong," he said.
  • Now, as 2022 kicks off, global demand for vanadium is expected to grow.
  • Another segment that continues to grab attention from investors is the battery space, as vanadium is a key metal used in vanadium redox batteries.
  • In 2022, CRU expects demand for batteries to be up significantly in China and moderately in the rest of the world.