RYU Apparel Inc V.RYU.H

Shifting market in street apparel

[BiLowGetHigh]

https://www.bnnbloomberg.ca/apparel-retailer-bench-to-shutter-all-canadian-stores-1.1377921

LINK

“We are closing our bricks-and-mortar stores to focus more on our e-commerce business as well as our key wholesale customers,” wrote Lawrence Routtenberg, co-president of Freemark Apparel Brands, in an email to BNN Bloomberg Wednesday.

[FredZarfloon]

RYU doesn't have enough products to support these bricks and mortar stores. They need more products. And what is 'Respect Talk'? Do they charge for this or just wasted energy? Lululemon makes their events pay. https://info.lululemon.com/community/festivals-retreats/the-immersion 

[Sal1958]

Fredzarfloon, The amount of products RYU has is questionable in justifying whether they are enough in supporting its brick & mortar stores. RYU should add more products to its line. There is a charge for some of thier events. The link u sent for LULU has a $4000 US per person charge. If this represents the events LULU puts on I not sure who will attend at a $4000 US cost. A little pricey.

[FredZarfloon]

Yes, I'm seeing they suggest a $5 donation. And they don't even suggest wearing RYU clothing to the workouts - just "comfortable workout gear to sweat in" LOL. At least they stopped giving away thousands of dollars while they were going broke.  https://ryu.com/your-universe/this-just-in/impact-your-universe-nicole-marcotte/ RYU needs to redirect their marketing to the

[Sal1958]

Its called branding. RYU is a community giver. Its supports the communities its is located in. It focuses on sustainable environmentally friendly products.Being a leader in this space. Where it will get to. If u can afford to pay $4000 US for a LuLu event you need to move on. RYU doesn't agree with your business model. Good luck.

[FredZarfloon]

So far, RYU's business model has been to lose money. As my old Pappy used to say, "if at first you don't succeed... try something else." :)

[Sal1958]

Most business models lose money at the early stages of thier business cycles. This u can find in marketing 101. As for your pappy, I believe he is a wise man. If he sees u r failing, he would tell u keep trying until u succeed. Understanding that if u fail this would ruin your will to succeed at anything else. If u believe u will hang around. If u don't you will move on. It's not over. The