RE:RE:RE:RE:RE:RYU 0.02Hopefully the new brand ambassadors have a positive impact to RYU's sales.
For those that are more pessimistic about RYU's future, here's an excerpt from the following article about WeWork that addresses many of our concerns at RYU's cash burn rate: (
https://vancouversun.com/business/commercial-real-estate/commercial-real-estate-turmoil-at-wework-may-impact-metro-office-market)
"Ross Moore, a senior vice-president and tenant advisory specialist with Cresa in Vancouver...
“(But) they now have constraints,” he said. “I’m hearing anecdotally that they have made commitments that require a lot of capital in a relatively short period of time.”
Would they turn and run? “If you sign a lease, that’s a very significant commitment,” Moore said. “But if you don’t have the capital to build that space out, then what do you do?”"...