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RYU Apparel Inc V.RYU.H

Alternate Symbol(s):  RYPPF

RYU Apparel Inc. is a Canada-based urban athletic apparel brand, which is engaged in the development, marketing and distribution of apparel, bags and accessories. The Company’s products are engineered for the fitness, training and performance of the multi-discipline athlete. The Company’s products are designed, developed and tested at its corporate headquarters in Vancouver, British Columbia, Canada. The Company’s products are produced in factories located in North America and Asia and it sells its products through retail, e-commerce and wholesale channels. The Company offers its products for both men and women and also sells its products through Websites, ryu.ca and ryu.com.


TSXV:RYU.H - Post by User

Post by Riddler76on Jan 17, 2020 11:34am
201 Views
Post# 30565250

Was Not The Sherway To Go

Was Not The Sherway To GoThis is a sad day for RYU. Toronto is a major market and Sherway Gardens is an upscale mall that should have appealed to RYU’s demographics. They certainly are not the only retail outlet to close in a mall but it’s embarrassing nonetheless to open and close so quickly (see Target Canada). The positive is it helps control costs, but I think to open and close so quickly, the negative outweighs the positive on this one. On another note, I’m not a fan of the abbreviation “RYU”. I do however love the name “Respect Your Universe”. Not sure RYU will catch on, whereas Respect Your Universe let’s you play on the word “Respect” and it even appeals to today’s immediate concern, the environment amongst many other important topics. Just think you can do so much more with the name spelled out. But whatever the name being used is, it’s 2020 and the 2020 line has not come out yet, a store is now closed and two California stores where RYU is more successful are not opening anymore (Melrose and San Diego). So much of RYU’s mantra was to have that community feel, host events and really be entrenched with the local community that it will be hard to do that with mostly an online presence. I know bricks and mortar locations are becoming more and more pass, but walk by a Lululemon, they always show that there still is a place for the world before digital.

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