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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

Bullboard Posts
Comment by OldManWinteron Feb 08, 2017 7:32pm
145 Views
Post# 25819856

RE:RE:RE:RE:RE:Park Royal

RE:RE:RE:RE:RE:Park RoyalAt this point, I'm not sure if opening stores at break neck speed is the best way to go. I do think that they need to open eventually but I'd like to see the brand gain more traction first. 

As for the latest round of financing, correct me if I'm wrong but I'm not sure how long they will go  without doing  another round of financing. I thought I read awhile back about how they were allocating capital from this financing. If they were able to obtain the 5 million, they would have the Ont store open in Q2. They received less than that so I wouldn't be surprised if stores were delayed. In the meantime, if revenue is to surprise to the upside than the above might be a mute point and expansion can happen faster. 

Anyways, as I said earlier, rumor has it that this past Q should make us shareholders happy. I heard from two inside sources with regards to this. 
Bullboard Posts