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. Right now, all proceeds will go to the Aritzia Community Relief Fund to support families. "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." A copy of the AIF and the Company's other publicly filed documents can be accessed under the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com. Click to View our Accessibility Statement. In an email to CTV News, the company's senior director of communications said the . How Aritzia Thrived During COVID-19 & What's Next - The Zoe Report "Aritzia is committed to ensuring the financial continuity of both our internal team and the employees of our overseas partners impacted by COVID-19. Dates will be confirmed at a later date. Aritzia Inc - Aritzia Reports Financial Results for Third Quarter ended We are the place to shop right now in the United States, Hill noted. Management of COVID-19 vaccine administration errors and - Alberta Immunization providers should follow their regulatory/employer guidance for reporting . Aritzia to Gift $10 Million Worth of Clothing to Canadian Healthcare Steady, now. New launches for Aritzia this year include swim, Aritzia fans, which include A-list celebrities. Box 500 Station A Toronto, ON Canada, M5W 1E6. UTMB Employee and Student COVID-19 Information This copy is for your personal non-commercial use only. Today, Aritzia can count 101 boutiques, with the recent opening of its Ala Moana boutique in Honolulu, its first in Hawaii. Aritzia aims to delight its clients through an aspirational shopping experience and exceptional client service that extends across its more than 95 boutiques and eCommerce business, aritzia.com. Aritzia did not request any additional contribution from its customers beyond the entirety of sales for the limited time. We learn, we refine, we continue to make changes, Wong shares. Through its omni-channel approach, Aritzia sold through the majority of its inventory (it had $15 million more remaining in inventory at this time last year), with a cash balance increase of $88 million. Delivery of the Sponsor and Sponsor Packages will begin in late May and continue throughout June. from 8 AM - 9 PM ET. "This gift to essential workers has become a staple piece of clothing, thank you @aritzia," one woman posted on Instagram. 16, 2020, 07:00 AM. If you return items purchased on aritzia.com via Afterpay in store, we'll refund your credit card, exchange or issue you merchandise credit, in accordance with our Online Purchase Return & Exchange Policy. She rose through the ranks from assistant store manager, to manager, to vice-president of operations. To provide relief to frontline workers during this time, Aritzia donated $10 million of inventory through the Aritzia Community Care Program, which gifted 100,000 care packages of washable, low-maintenance garments designed for pre- and post-shift comfort to healthcare workers. More information about coronavirus waivers and flexibilities is available on . CBC's Journalistic Standards and Practices. Our retail came back stronger than pre-pandemic levels, and for the first time since the start of the pandemic, all of Aritzias boutiques were open for the entire duration of the quarter, Hill said. For more information on Afterpay, please see our Afterpay FAQ. From the beginning of this global pandemic, weve prioritized the health and safety of our people, our partners and our community. Aritzia will also issue a refund in merchandise credit on an eGift Card if you return your items within 30 days from the shipping date. VANCOUVER, March 16, 2020 /CNW/ - Aritzia Inc. ("Aritzia" or "the Company") (TSX: ATZ ), a vertically integrated, innovative design house of exclusive fashion brands, announced updates to its . In addition to collection launches, new product launches this year will include intimates and swim, Hill said. VANCOUVER - Aritzia Inc. reported a first-quarter loss and revenue drop after temporarily closing all its stores due to COVID-19 health precautions, but the clothing retailer sees an opportunity . Aritzia is also in a good position thanks to e-commerce growth to expand its product lines by offering different sizes, lengths and colours; as well as new categories, such as swim, intimates, bags, shoes and beauty, he said. Review your return details and click 'Process Return'. We work hard to create opportunities for young women to join the workforce and gain skills to grow in multiple career paths because championing, supporting, and growing women in leadership and across all levels of our organization is core to our beliefs., Tasha Tilberg with her twins, wearing the Cause Mom collection, a unique collaboration with Cause We [+] Care, Photo Credit: Courtesy of Aritzia. What if I need to return or exchange something? Better Buy: Aritzia Stock or Shopify Stock? | The Motley Fool Canada You can pick it up as soon as the store reopens. Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Reopened stores have exceeded the companys expectations so far, said Hill, noting the company is viewing the second quarter with cautious optimism as we prepare for a period of recovery., During the first five weeks of the quarter, reopened stores have performed at 55 per cent to 65 per cent of last years revenue levels, he said, calling that well above our initial expectations., We dont know what the new normal will hold until sometime next year.. Aritzia Community Relief Fund + Our People. 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. It does so through three pillars of impact: poverty alleviation, mentorship and job readiness. As a group, they are Aritzia to Release Third Quarter Fiscal 2023 Financial Results, Aritzia Announces Closing of Secondary Offering of Subordinate Voting Shares, Aritzia Presents its Fiscal 2027 Strategic and Financial Plan, Powering Stronger. The Aritzia Community Relief Fund was supported by the ongoing loyalty of our customers and the generosity of our suppliers, partners and service providers. Aritzia is also giving customers the chance to purchase a set for healthcare heroes with a "You Get, We Give" initiative. Aritzia Inc - Aritzia Provides Business Update on COVID-19 To our people, Im incredibly proud of all of your hard work, commitment and flexible endurance. 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. ), Architectural and interior photography of Aritzia Super World NYC. Your Aritzia, We know youre being overwhelmed with news about COVID-19, and we know its a lot right now. Youre in good (clean) hands.As we welcome you back through our doors, you can enjoy Everyday Luxury at ease, knowing that weve taken industry-leading health and safety precautions. "Like most companies, when the virus hit, our goal was to make every effort possible to keep our people employed so that we could continue to serve our customers." Walmart's Return PolicyCOVID-19 Changes. Aritzia is a vertically integrated, innovative design house of fashion brands. With Love, The Company's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements. This article will answer your questions about the Walmart return policy, including the COVID-19 changes, and bring you the latest updates. It was the culmination of this move, along with Aritzia's excellence in offering "Everyday Luxury," that enabled its e-commerce to grow in excess of 150 percent in just one quarter. presentation-ready copies of Toronto Star content for distribution Aritzia started a phased reopening of stores on May 7. 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. In response to the evolving COVID-19 pandemic, Aritzia will be closing all of its retail locations until further notice as of Monday, March 16th, 2020. 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. With storefronts closed and the masses sequestered indoors, brands of all sizes faced profound challenges from laying off staff to pivoting their fashions around our new reality. 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. The 'Super' Success Of Aritzia: Jennifer Wong, President - Forbes Aritzia has closed all 95 of its stores as a precaution during this coronavirus crisis. Aritzia Provides Business Update on COVID-19 | Markets Insider As we head into the heart of the holiday season, we continue to take our Aritzia Community industry-leading health precautions. In 2019, Black buying power reached $1.4 trillion, according to Selig Center for Economic Growth, and is expected to grow through to 2024. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. On this page youll find store info, shipping info, and all the As to your most pressing Qs. Subsequent instalments to Afterpay may be required. Want good news asap? The brand is also leaning in on its Diversity & Inclusion initiative, which is newly committing $1 million CAD to internal improvements. |, Don't worry, you can opt out any time. 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. Cision Distribution 888-776-0942 It is also shifting all support office employees to flexible working arrangements. Retail sales exceeded expectations in the U.S. So when we say that real change starts from within, we believe that we can impact change most by starting with the 4,000 people that are at Aritzia., We are optimistic about the future, Wong states. Please reference the appropriate carrier website for hours of operation and accessible return drop off locations. It also partnered with Good360, the global leader in product philanthropy and purposeful giving, to gift Aritzia Community Relief Packages to those battling on the virus frontlines. The Company designs apparel and accessories for its collection of exclusive brands. It says customers will still be able to continue shopping through the company's website for the time being. Star Newspapers Limited and/or its licensors. When Brian Hill opened the first standalone boutique in 1984, the idea was simple: offer beautiful clothes in aspirational spaces with exceptional service. If you purchased from aritzia.com, you can ship your return back via mail using your return shipping label included in your order. Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. Aritzia's staff and its families through COVID-19, EveryStylishGirl's Career Advancement Directory. Often but not always, forward-looking statements can be identified by the use of forward-looking terminology such as "may", "will", "expect", "believe", "estimate", "plan", "could", "should", "would", "outlook", "forecast", "anticipate", "foresee", "continue" or the negative of these terms or variations of them or similar terminology. Aritzias adjusted net loss was expected to be 25 cents per share on $108.5 million of revenues, according to financial markets data firm Refinitiv. As Aritzia plans for the future, its new frontiers include opening more storefronts (now that, post-COVID, premier locations now have more compelling financial terms than ever), expanding into new categories (swim and intimates, among others), and procuring new talent. Sale items marked with a discount of 50% or greater are final sale. As part of the Aritzia Community Care Program (Aritzia invested $10 million into the program), the brand gifted 10,000 U.S. frontline healthcare workers fighting COVID-19 with custom clothing packages. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. Interested? Citing exceptional performance throughout the quarter despite the ever-changing pandemic landscape, including supply chain disruptions, shipping delays and labor shortages, Brian Hill, founder, chief executive officer and chairman of Aritzia, said he sees extraordinary opportunities in the retailers future. Aritzia optimistic about future but endures new round of - The Star "Y'all are a multimillion dollar company. 85% of our employee base is made up of women, including 67% of our Aritzia Leadership Team; three of six executive officers are female; and 98% of our retail management team are women. 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. 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. Most corporations have tons of money in reserve funds that could easily be used," wrote one user. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. ARITZIA LAUNCHES $20 MILLION PROGRAM TO GIFT CUSTOMIZED CLOTHING TO CANADIAN HEALTHCARE WORKERS Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. Until then, well be right here online and at your service. Huge line returns for Vancouver's first Aritzia Warehouse Sale since Republication or distribution of this content is COVID-19 | USAGov In addition to the sales revenue contributed to ACRF, the brand took a two-pronged approach internally first, by temporarily cutting senior leadership's pay by 25 percent; and second, by forfeiting the cash portion of Board of Directors' fees, according to Aritzia's Q4 Results. Hey! Aritzia aims to delight its clients through an aspirational shopping experience and exceptional client service that extends across its more than 95 boutiques and eCommerce business, aritzia.com. As POPSUGAR editors, we independently select and write about stuff we love and think you'll like too. Wong was named COO in 2007, and in 2015, was named president & COO of Aritzia. This year it's running from August 31 to September 5. So much so, its hard to determine at this point if our stores were more profitable prior to COVID-19 or our new stores will be more profitable as a result of new economics post COVID-19.. Here, at Aritzia, you, our loyal clients are at the heart of what we do and why we do it. Aritzia closing all stores until further notice due to COVID-19 Were committed to being both responsive and responsible and navigating these times with everyones safety in mind. While our stores are reopening, we recommend returning your order and placing a new order online. 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. Sale items marked with a discount of 50% or greater are final sale. As we take extra precautions to keep our people safe, it may take us slightly longer than usual (1014 days) to issue your refunds. Aritzia is offering two tiers of clothing packages for purchase with items similar to those being gifted, as an opportunity to help provide an additional 90,000 frontline health care providers (360,000 clothing items) with the apparel they need. real change starts from within," says Jennifer Wong, President and Chief Operating Officer of Aritzia. Aritzia Community Sponsor Package - Diamond ($100), Aritzia Community Sponsor Package - Double Diamond ($200). I have an order outstanding. Items must not be washed, worn or damaged. Insider info on sales, new arrivals and more good stuff. 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. To you, our loyal clients, thank you for your continued support and trust. 80,000 frontline healthcare workers gifted through a $10 million initial donation Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. In total, Aritzia has 106 stores, with 38 boutiques in the U.S. and 68 boutiques in Canada. The campaign features Canadian models (and mothers) Tasha Tilberg and Janice Alida photographed with their children. With an engaged Instagram community of over 1.1 million fans and a robust e-commerce infrastructure, the brand managed to stay top of mind during the pandemic and its e-commerce site saw significant growth. As a fashion brand that is leading with empathy, action and innovation, and an optimistic story in the retail landscape, Aritzia is experiencing success by doubling down on a formula that is working. Aritzia has a pretty strict (and somewhat unique) exchange policy. The retailer says it . For purchases made in store, you can return or exchange your purchases in store only. The Aritzia Community Relief Fund was supported by the ongoing loyalty of our customers and the generosity of our suppliers, partners and service providers. It will also be donating all profits to the Aritzia Community Relief Fund to support its . If you checked out while signed into your Aritzia account, no postage fee will be deducted. 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. How JLo And Pandemic Fashion Helped Aritzia Increase Sales - Forbes Were happy to find out for you, please contact our Aritzia Concierge team on our aritzia.com live chat or email. Despite pandemic-related challenges facing all retailers, Aritzia, whose everyday luxury looks attract the attention of A-list celebrities like Jennifer Lopez, seems to be on the right track, reporting record-breaking third quarter earnings. Half of the leases the company has signed were negotiated after the pandemic began and reflect what he called compelling post-COVID financial terms.. 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 company said it would be offering free shipping and free returns on online orders in the meantime. All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com As we navigate this complex and changing landscape, were being challenged on a daily basis. How to claim $750 Covid pandemic payment, who is eligible, tax - news Your response to our Thanks To You Sale has been overwhelming, humbling, nothing short of inspiring. Today, Aritzia is a leader in the retail industry with a world-class team, a loyal community and an exciting future ahead of it. Sales growth inthe United Statessustained unprecedented momentum, increasing 115% and representing 44% of our total revenue in the quarter, Hill said, in the company release. Telehealth policy changes after the COVID-19 public health emergency Its Time For A Dress Refresh Shop The 9 Biggest Styles For Spring, How Dressing Weird Became The Ultimate Fashion Flex, TZR Editors Share The Fashion Trends They Are Investing In For Spring, Diors Fall/Winter 2023 Collection Was A Nod To Strong Women In History. Subsequent instalments to Afterpay may be required. Jennifer Wong, President and COO of Aritzia, Photo Credit: Evaan - https://evaan.com. They have carved out a unique customer positioning in the market around Everyday Luxury, and through their segmentation into six distinct brands, have built an assortment that can address the customers needs Monday to Sunday, said Kristin Kohler Burrows, senior director, Alvarez & Marsal Consumer and Retail Group, a global consultancy specializing in business transformation. The Aritzia Refund policy is similarly strict . 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. You are a vital part of our community, now and forever. 90,000 more frontline healthcare workers gifted through Aritzia Customer Sponsorship with an additional $10 million value For purchases made online, you can return your purchases online and in store. "Our goal is to do our part for the global well-being. Description. (To date in fiscal year 2021, which started March 2, 2020, Aritzia has opened two new boutiques and expanded or repositioned two existing boutiques in Canada, and opened five new boutiques and expanded an existing one in the United States. See, Click to View our Accessibility Statement. rights reserved. All Were doing our best to balance whats right for our people, our clients, our partners, and our communities. 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. Within 10 days of purchase, you can return your item and receive a refund to the original method of payment, at any boutique in the country you bought it from.
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