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BRIEF-RYU Apparel Inc Believes That 2020 Will See A Major Restructuring Of RYU And Its Brand, Particularly In Q1 And Q2

Published 2020-02-26, 10:43 a/m
BRIEF-RYU Apparel Inc Believes That 2020 Will See A Major Restructuring Of RYU And Its Brand, Particularly In Q1 And Q2
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Feb 26 (Reuters) - RYU Apparel Inc RYU.V :

* RYU APPAREL INC - BELIEVE THAT 2020 WILL SEE A MAJOR RESTRUCTURING OF RYU AND ITS BRAND, PARTICULARLY IN Q1 AND Q2

* RYU APPAREL INC - IN JANUARY 2020 CO CLOSED ENCLOSED MALL LOCATIONS AT SHERWAY GARDENS IN TORONTO AND METROTOWN

* RYU APPAREL INC - INTENDS TO INCREASE ITS FOCUS ON E-COMMERCE TO MAXIMIZE ROI

* RYU APPAREL INC - TAKEN STEPS TO REDUCE COSTS INCLUDING REDUCTION IN HEAD OFFICE HEADCOUNT

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