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 > Smoke and Mirrors

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Comment by athleticsguyon Mar 12, 2020 2:47pm

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Post# 30800500

RE:RE:RE:RE:RE:RE:RE:RE:Smoke and Mirrors

Don't get drawn into that dude. We've been calling out our concerns with RYU's strategy for a few years now and we were right. Sal is just an "eternal optimist" for whatever reason, not that the reason matters, but he's essentially saying that what we've said over the past few years is correct. The recommendations that we were making are now the actions that RYU is taking (although, they are doing it at gunpoint and not at their own volition).

But let's look at the macro economic factors - there's no way RYU is going to be able to raise all the millions that they need in this environment. What, with the virus shutting countries down, supply & demand shocks, stock market crashing. It's done. As we said years back, RYU couldn't make it during the BOOM years. There's no way they are going to make it during the BUST years.

We were right (sadly)...

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