RYU Apparel Inc V.RYU.H

Alternate Symbol(s): RYPPF

Consumer Cyclical Luxury Goods

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

RYU Apparel Inc > Hmm

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Comment by athleticsguyon Aug 30, 2019 9:16pm

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RE:RE:RE:RE:RE:Hmm

I want the brand to succeed as much as anyone else here (and I have my own money invested in it so call me biased) but I have to view the financial reports as impartially as I can. Revenue growth of 30% is good on it's own, but it's not so hot when you also factor in that they've increased their brick & mortar footprint by ~50%. They've chosen the right locations (strong athleisure & casual environments, high income/networth, & passionate personal fitness & wellness markets) but I am not seeing the type of growth that this company needs to truly succeed. And that's where I feel like the leaderrship team has failed. They're in the right location, they have a really good product, but yet stores are empty and they haven't been able to break into a huge market. Quite frankly, RYU should be growing by leaps and bounds every year without relying on opening new stores but they simply are not.

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