RYU Apparel Inc V.RYU.H

For Rent

[Duediliguyedili]

has anyone gone by the west 4th store to see about the for rent sign?

[had2chimeIN]

it's gone now. Drove by today. I guess someone was actually on this site lol. Who knows what that was about. Huge line at Lulu today along with every other store on 4th. Not RYU though, closed. I really don't understand what could possibly stop them from opening. I mean there's no shortage of staff. Somethings up. And if Sal says something like they have to quarantine the clothes again

[Sal1958]

had2chimeIN they have to quarantine the cloth after they are touched by customers.

[Cinvest]

I don't believe they have 2020 stock yet for one and the stock they do have they have no sizes. it's better for them to be closed and take advantage of government programs and save the money they do have to reposition this is most definately a make or break it moment for them. Some common sense applied from current covid situation and website clothing availability. Imo

[had2chimeIN]

Sal the clothed have been quarantined for two months. 6 months really because nobody touched them long before that lol. Couldn't help it. And I disagree about the Covid money. If they open now 75% of the wages will.be covered. That's cheaper operating costs. So the real reason is no clothes. That I can understand but still not reassuring.

[Sal1958]

Respose from RYU Investor Relations: Good morning Anna. Anna do you know where I can find that for retail stores merchandise touched by customers will be quarantined for 10 days prior to being released. Yes that's why we haven't opened yet. We would rather do pick ups We can't take returnes right now even on line sales. had2chimeIN no it's the touching that happens now, could be

[gardy]

Sal, first off there are just over 90 Aritzia stores. Secondly Brian Hill did not go to the Canadian government asking for money. Thirdly, he paid all his employees from online sales. Trying to compare Aritzia to RYU come on get serious!  My daughter works at the Park Royal location and in her words she's killing it even without the new clothing lineups available yet. Her sales per hour

[had2chimeIN]

oh man this just keeps getting better.

[Cinvest]

lol yup if that's the case then how would Walmart be open