Until then, well be right here online and at your service. permissions/licensing, please go to: www.TorontoStarReprints.com. Subsequent instalments to Afterpay may be required. Retail revenue jumped 72% to $305.3 million, up almost 45% from 2020, tracking comparable sales growth of 58% and 26% from the third-quarter last year. Certain statements made in this press release may constitute forward-looking information under applicable securities laws, including with respect to the announced closure of Aritzia retail locations as a result of the evolving the COVID-19 pandemic and Aritzia's commitment to directing profits during this period to the Aritzia Community Relief Fund as described above. Aritzia Community Relief Fund + Our People. Aritzia Provides Business Update on COVID-19 - PR Newswire But as long as we continue to do what we think is best and continue to do what we see as right, that will guide us and lead us towards positive outcomes whether it's within our company or whether it has a bigger impact on our community., This is a BETA experience. E-commerce revenue remains strong, though growth has moderated since most of the companys stores have reopened, he said, and is currently trending 50 per cent to 100 per cent higher than last year. Newspapers Limited, 8 Spadina Avenue, 10th Floor, Toronto, ON M5V 0S8. I write about retail, fashion and beauty. Opt to get texts or calls with insider info, offers, invites and other fun surprises from Aritzia through your phone number below. Aritzia Exchange Policy. The campaign features Canadian models (and mothers) Tasha Tilberg and Janice Alida photographed with their children. By working with organizations that have expertise in nonwhite representation, mending singed relations with Black consumers and radically pivoting its internal treatment of Black employees, the brand has the opportunity to grow authentically, so long as it is willing to change. Learn More.If your local boutique hasnt reopened yet, you can continue to shop everyday luxury here. Net revenue increased by about 63%, or $175 million, to $453 million, up 70%, or $186 million, from two years ago. We look forward to the day we can open our boutiques to you once again. Most corporations have tons of money in reserve funds that could easily be used," wrote one user. Frontline healthcare workers sanitization standards pre- and post-shift require a washable, easy-wear wardrobe to be worn to and from work to prevent the virus spread. The Company's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements. Aritzia Refund Policy. It beat expectations as it reported a net loss of $26.5 million for the first quarter ended May 31, down from a net income of $16.2 million in the same quarter last year, which ended June 2, 2019. Don't rely on consumers to do the job you should be doing. In 2019, Black buying power reached $1.4 trillion, according to Selig Center for Economic Growth, and is expected to grow through to 2024. Amid Record U.S. Store Closures, Retailer Aritzia Commits To - Forbes "The shift to models providing our images from their homes is working well for now, and seems to be continuing to resonate with our clients," says Hill. The Women Of Roblox Are On A Mission To Make Gaming A Force For Good, ChatGPT: Thinking Outside The Content Marketing Box, How Latina Entrepreneur Corina Burton Once Failed, Then Launched A Multi-Million Business, Child Sexual Abuse Survivors Pen Their Own Justice, Women Have Found A Powerful Way To Form Authentic Connections In Business - Mentoring Walks, Sephora, A New CCO And A Celebration Of Latinx Roots: Babba Rivera Is Building A Haircare Empire With Ceremonia, 5 Ways To Bounce Back After Getting Laid Off, Greenlight For Work Tackles Top Source Of Stress For Working Parents. Wong joined the retailer in 1987 as a style advisor (the term Aritzia uses to refer to its sales associates) at the Robson street store in Vancouver, while studying economics at the University of British Columbia. Over the course of Wongs tenure with Aritzia, the company has grown from a Canadian retail operation to an internationally recognized name with a successful e-commerce store and a continually growing U.S. presence. All sale and discounted items bought in store are final sale. The retailer says it feels it's the best decision for its people, clients, partners and community as a whole. The retailer says it . As soon as your return is complete, we'll e-mail you and let you know. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. We will gladly refund (in original tender) regular-priced, new merchandise within 30 days of the shipping date. Some of our new health and safety measures include: 80,000 frontline healthcare workers gifted through a $10 million initial donation, 90,000 more frontline healthcare workers gifted through Aritzia Customer Sponsorship with an additional $10 million value, Aritzia Customer Sponsorship starts online today; healthcare worker registration starts online May 11, SATURDAY, APRIL 4 - A Letter to Our Community. All proceeds during this time go directly to the Aritzia Community Relief Fund 100% of which will be distributed to our people. An employee who tests positive for COVID-19 shall be paid at the employee's regular rate until the employee is authorized to return to work per the terms of the Human Resources COVID-19 Guidelines for Employees. FRIDAY, JUNE 19 - A Letter to Our Community, ARITZIA LAUNCHES $20 MILLION PROGRAM TO GIFT CUSTOMIZED CLOTHING TO CANADIAN HEALTHCARE WORKERS. All of Aritzia's profits, while we get through this challenging time, will go to the Aritzia CommunityTM Relief Fund to pay our people and support their families. Return Processing Times. Aritzia's largest size offering is an 12, or, sometimes a 2XL and, right now, Aritzia only has 10 items stocked in the Women's 2XL size, none of which show plus-sized models in the product shots. Friends and Family passes to Aritzia Warehouse Sale selling for $40 online Many Metro Vancouverites have been waiting for their chance to grab Wilfred, TNA, Babaton, and Sunday Best items at a 50 to 90% discount. After the Black Lives Matter protests last summer, Aritzia started by investing $1 million to expand and strengthen its Diversity and Inclusion Program and established an Executive Diversity and Inclusion Committee led by Wong. If you buy a product we have recommended, we may receive affiliate commission, which in turn supports our work. Every day Im honored to work alongside a world-class team of smart, ambitious, talented women building and thriving in long-term careers, Wong shares. I dropped an item off at a store for repair. Anyone can read Conversations, but to contribute, you should be a registered Torstar account holder. Each Community Sponsor Package consists of two of Aritzias most-loved Tour t-shirts and two pairs of iconic Aritzia Atmosphere leggings all featuring the custom heart-inspired Aritzia Community logo. While most comments typically receive responses from the brand on social, the comments that pressed Aritzia on the directive went unanswered, with some users reporting that their comments were deleted. expressly prohibited without the prior written consent of Toronto In reaction to the earnings, one retail analyst said the retailer is firing on all cylinders.. Jennifer Wong, COO and president at Aritzia, Photo Credit: Evaan - https://evaan.com. Sorry, no refunds to original form of payment for sale or discounted items. Its collection of ribbed tanks, super-soft sweatsuits, and even easy tees and joggers have been seen on influencers and celebrities alike and it's not hard to see why. Despite the challenges, our beautiful product assortment, best-in-class distribution centre, aspirational website, and response from our loyal clientele led to e-commerce growth in excess of 150% through the end of May 2020.. Super Puffs immersive pop-up environments, called Super Worlds, were developed by Aritzias creative team and Willo Perron, the designer credited with Drakes flyingFerrariand Jay Zs 4:44 album, among other projects. The fund continues to provide financial continuity to our people who have directly or indirectly been affected by our store closures due to COVID-19. Audience Relations, CBC P.O. Lets continue to take care of each other. Shop Now. Better Buy: Aritzia Stock or Shopify Stock? | The Motley Fool Canada (Google Maps) Clothing retailer Aritzia Inc. is closing all of its stores until further notice as businesses . Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, the factors discussed in the "Risk Factors" section of the Company's annual information form dated May 9, 2019 for the fiscal year ended March 3, 2019 (the "AIF"). Insider info on sales, new arrivals and more good stuff. COVID-19 FAQ | Aritzia US When we made the decision to close our stores in the middle of March last year, the first thing that was top of mind for us, was our people, Wong shares. Aritzia's strong financial position, with $274 million of liquidity in place at the end of the third quarter, enables it to weather further uncertainty while continuing to take advantage of unparalleled opportunities. The Company cautions that the list of risk factors and uncertainties described above and in the AIF is not exhaustive and other factors could also adversely affect its results. After 30 days, we will no longer accept returns. "We couriered the clothes to our models to photograph at home, and we were very pleased with the results," says Brian Hill, Chief Executive Officer of Aritzia, tells TZR. Be sure to have your package postmarked and sent off within 30 days of your Shipping Confirmation & E-Receipt email. Orders purchased via PayPal will only be eligible for a refund to your PayPal account when you mail them back to us. Free shipping & free returns on all orders, all the time. The fundprovidedfinancial continuity to Aritzias people whoweredirectly or indirectly been affected by its store closures due to COVID-19. "This gift to essential workers has become a staple piece of clothing, thank you @aritzia," one woman posted on Instagram. In a year thats been anything but normal, the holiday season offers us a chance to look back on the past 12 months and reflect on the resilient efforts of so many, and of all that weve accomplished together. All returned items purchased using a gift card will be refunded as merchandise credit back onto a gift card. Hand sanitizer available throughout the boutique, Sanitized product and fitting rooms after each use, Sanitized cash desk and debit terminal after each client, Regular sanitization of surfaces throughout the boutique, Masks are now required in all our boutiques, and we'll continue to provide them to any client who doesn't have their own, Dedicated healthcare professional available for consult. Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. Your Aritzia, We know youre being overwhelmed with news about COVID-19, and we know its a lot right now. The Company's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements. According to Bloomberg, the plus-sized market alone has $20 billion of buying power. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. Can I make changes to my aritzia.com order after I submit it? Were taking industry-leading health precautions and doing everything we can to ensure the safety of our people, our community and you. Don't worry, you can unsubscribe from our mailing list at any time. Review your return details and click 'Process Return'. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. "Y'all are a multimillion dollar company. In addition, one of our board committees oversees governance and diversity, which includes consideration for female representation both on our board and in senior management positions. from 8 AM - 9 PM ET. *The Aritzia Community Relief Fund amount is displayed in Canadian Dollars. Sale items marked with a discount less than 50% can be returned for merchandise credit on an eGift Card if returned within 14 days of the shipping date. Keep reading to see a few more appreciative posts, and then check out the sets you can send to a loved one or hero in need. Women to the Power of Women is a simple equation that drives us and our beliefs forward by amplifying womens voices to make exponential progress towards gender equality and inclusivity for all, Wong explains. After 30 days, we will no longer accept returns. Aritzia has closed all 95 of its stores as a precaution during this coronavirus crisis. Warm wishes and happy holidays to you and yours. 2023 BDG Media, Inc. All rights reserved. Opinions expressed by Forbes Contributors are their own. Were happy to find out for you, please contact our Aritzia Concierge team on our aritzia.com live chat or email. |, Don't worry, you can opt out any time. Aritzia Inc - Aritzia Reports Financial Results for Third Quarter ended Aritzia marketing calls and texts may use an automatic telephone dialing system. VANCOUVER, March 16, 2020 /PRNewswire/ - Aritzia Inc. ("Aritzia" or "the Company") (TSX: ATZ), a vertically integrated, innovative design house of exclusive fashion brands . Items must not be washed, worn or damaged. Aritzia Provides Business Update on COVID-19 - Newswire Aritzia Gifts Clothing Care Packages to Healthcare Workers | POPSUGAR These recommendations are applicable to Alberta and may differ from other jurisdictions. Once signed into your account, access your. Free shipping & free returns on all orders, all the time. Toronto Star articles, please go to: www.TorontoStarReprints.com, Conversations are opinions of our readers and are subject to the, The Toronto Star and thestar.com, each property of Toronto Star Were extending our Returns & Exchanges policy. All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. Thank you for supporting us, so we can support our people., SUNDAY, MARCH 15 - A Letter to Our Community. Warm wishes and happy holidays to you and yours. "We are in an unprecedented position to expand our product lines' depth, which includes sizes, length, colors, breadth, [and] new style developments We recognize that additional sizing choices will be important moving forward." Sales for e-commerce increased almost 47% to $148 million and 162.2% from the third quarter last year. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. The company said it would be offering free shipping and free returns on online orders in the meantime. As we take extra precautions to keep our people safe, it may take us slightly longer than usual (1014 days) to issue your refunds. This depends on what stage of the order process your purchase is at. 2023 Vox Media, LLC. To guarantee its continued success, Aritzia will need to going beyond beautiful products, glossy storefronts and new categories, and ensure, first, that the brand represents, makes space for, and champions all people. Hit the Submit Order button before you're ready? It looks like youre not in the USA. A core value guiding the brand is its give-back initiative, as evidenced by the work it committed to at the start of the pandemic. Its critical to note that this is merely the beginning the brand knows it has a lot of work ahead. UTMB Employee and Student COVID-19 Information Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. In sum, they areexecuting extremely well across every key element and have been able to meet the customer where she wanted and expected to be, in this Covid marketplace.. How Aritzia Thrived During COVID-19 & What's Next - The Zoe Report Given this unprecedented period of uncertainty, there can be no assurances regarding: (a) the length of time Aritzia's retail locations will be closed as a result of COVID-19; (b) the COVID-19-related impacts on Aritzia's business, operations and performance, including its ability to remain on track to meet or exceed its stated fiscal 2021 performance targets, (c) Aritzia's ability to mitigate such impacts; (d) credit, market, currency, operational, and liquidity risks generally; and (e) other risks inherent to Aritzia's business and/or factors beyond its control which could have a material adverse effect on the company.

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