TSXV:RYU.H - Post by User
Post by
LaterAlligator1on Feb 05, 2020 3:51pm
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Post# 30647870
Consultant in Jan.29 announcement?
Consultant in Jan.29 announcement?Someone over at CEO thinks that the latest RYU announcement about getting some help is a reference to www.gibraltarcompany.ca.
Compare the language below:
Gibraltar website:
Joe Mimran is a leading contributor to the fashion and design industry and is best-known for creating a succession of visionary brands and retail concepts, including Club Monaco, Caban, Joe Fresh, Joe Fresh Beauty and Alfred Sung. Recognized universally as having a sharp eye, impeccable attention to detail, and insight into emerging trends, Joe is always on the forefront of what’s next. Joe is also an avid investor and champions exceptional entrepreneurs. Joe also stars on the popular CBC show, Dragons Den, now in its 12th season.
VANCOUVER, Jan. 29, 2020 /CNW/ - RYU Apparel Inc. (TSXV: RYU, OTCQB: RYPPF) ("RYU" or the "Company"), creator of urban athletic apparel, is pleased to announce it has entered into a letter of engagement for a proposed consulting agreement with a prominent retail consultant (the "Consultant") that is arm's length to RYU. The Consultant, a Canadian leading contributor to the fashion and design industry and best-known for creating a succession of international visionary brands and retail concepts, will be retained to help RYU build and develop a strategic plan targeted for the North American market.
This highlights some identical wording between the 2 although it could be pure coincidence. Everyone can decide for themselves - DYODD - but looks like the CEO poster may have found the unnamed consultant.
RYU still needs to execute this agreement and pay for this “strategic plan” so lets hope it actually happens. A well known and successful company like Gibraltar & Co seems to be exactly what RYU needs.