RYU Apparel Inc V.RYU.H

pivot in plan

[Duediliguyedili]

It seems that they are starting to make much needed changes in the company to reduce overhead and loses. It would be nice if they let the world know about the changes. Closing of the 2 stores is an indication that there is change in yhe air. Mabe there are 2 others to be cut to further reduce overhead. The other issue is to increase foot traffic and sales in the stores. They sure have room to bring in new product. i think a joint venture with a direct to consumer sneaker brand would increase both foot traffic and sales and give us something new to talk about. starting one from scratch would take to long and to much capital but i am sure a cool DTC brand would love to have some retail exposure in our great locations. similar deals might also be struck with other categories for now . So so much potential. Online we could be a monster if funds are directed in that direction. Anyone can jump in with their ideas. i just think a strong announcement about exact cost reductions would bring in new investors to take a look.

[Sal1958]

@Duediliguyedili. Great points. Reduction of stores I believe there will be more and they r required. They have closed mall stores which r the more expensive to operate. Increase foot traffic and sales in stores. A must, thier product line is targeted to a niche market which I believe they have out growen. They need to Increase thier target market to survive and grow the business. Other apperal