Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. See, Click to View our Accessibility Statement. I cover captivating visionaries in fashion & lifestyle. After 30 days, we will no longer accept returns. 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. Anyone can read Conversations, but to contribute, you should be a registered Torstar account holder. To our frontline COVID-19 healthcare heroes, thank you for your fearless service. As much as real estate is a priority for Aritzia, the brands digital footprint is also a critical part of its strategy. That compares with it generating $226.2 million in e . expressly prohibited without the prior written consent of Toronto In addition to collection launches, new product launches this year will include intimates and swim, Hill said. real change starts from within," says Jennifer Wong, President and Chief Operating Officer of Aritzia. "When we made the decision to close our stores in. As we navigate this complex and challenging landscape, we feel this is the best decision for our people, our clients, our partners and our community as a whole," said Brian Hill, Founder, Chief Executive Officer and Chairman. Aritzia has closed all 95 of its stores as a precaution during this coronavirus crisis. So in an effort to make things easier for you, weve compiled all the facts in one place. Get government help during the COVID-19 pandemic with rent, student loans, food stamps, meal programs, funeral expenses, and more. Huge line returns for Vancouver's first Aritzia Warehouse Sale since 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. Were happy to find out for you, please contact our Aritzia Concierge team on our aritzia.com live chat or email. 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. You are a vital part of our community, now and forever. Aritzia optimistic about future but endures new round of - The Star From your order detail page, select Return Items to fill out the return request form. We are not able to offer exchanges online. If you do not yet have a Torstar account, you can create one now (it is free), Copyright owned or licensed by Toronto Star Newspapers Limited. Interested? The brand's mystifying success story has offered a glimmer of hope for brands who were harder-hit by the pandemic and looking for ways to rebuild. presentation-ready copies of Toronto Star content for distribution When will I get my order? 90,000 more frontline healthcare workers gifted through Aritzia Customer Sponsorship with an additional $10 million value "Our goal is to do our part for the global well-being. Returns are free within the US when signed into your Aritzia account. Dates will be confirmed at a later date. 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. Free shipping & free returns on all orders, all the time. Aritzias shares gained 59 cents or three per cent to $19.96 in Thursday trading on the Toronto Stock Exchange. It does so through three pillars of impact: poverty alleviation, mentorship and job readiness. While successful in keeping its team intact, the move received mixed reviews from its online community. 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 to expand its business amid the global pandemic. 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. 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. In celebration of Giving Tuesday Now - "a global day of unity to take place on May 5, 2020, as a response to the unprecedented need caused by COVID-19," according to its website - the clothing company will donate $10 million worth of clothing to thousands of Canadian . 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. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. Aritzia Return Policy - Clear Expectations on their Policy [2023] Since this began, weve continuously prioritized the health, safety and financial wellbeing of our people. 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. The adjusted net loss was $24.9 million or 23 cents per diluted share compared with net income of $18.5 million or 17 cents per share rrmfor the first quarter the previous year. How can I find out if my local store is open? New launches for Aritzia this year include swim, Aritzia fans, which include A-list celebrities. The dynamic nature of this situation means that things are always changing. Today, Aritzia is a leader in the retail industry with a world-class team, a loyal community and an exciting future ahead of it. 2023 BDG Media, Inc. All rights reserved. The program features custom-made Aritzia Community Sponsor Packages, which are sets of the brands iconic, easy-care, comfortable clothing items that meet the specific needs of healthcare workers. Aritzia Return Policy for Online Purchases If you bought your regular-priced merchandise online, you can return the items within 14 days from the shipping date and receive a full refund. Hours are as follows: 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. Where impact and internal change are concerned, its an ever-evolving process. I received an email/phone call letting me know my order has arrived in-store, can I go pick it up? Here at Aritzia, you, our loyal clients, are at the heart of what we do and why we do it. Your consent is not required as a condition of any purchase. 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. The 'Super' Success Of Aritzia: Jennifer Wong, President - Forbes 16, 2020, 07:00 AM. We appreciate your patience during this time. 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 . 80,000 frontline healthcare workers gifted through a $10 million initial donation 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. Thank you for supporting us, so we can support our people., SUNDAY, MARCH 15 - A Letter to Our Community. "Y'all are a multimillion dollar company. Once signed into your account, access your. As we head into the heart of the holiday season, we continue to take our Aritzia Community industry-leading health precautions. Aritzia's staff and its families through COVID-19, EveryStylishGirl's Career Advancement Directory. Aritzia closing all stores until further notice due to COVID-19 Mar. Better Buy: Aritzia Stock or Shopify Stock? | The Motley Fool Canada TnAction Spring 23 just launched. 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. Photographed by Eric Soltan - [+] https://www.ericsoltan.com, The Super Puff pop-up shop, which is an immersive pop-up environment that opened in December 2020 in SoHo, is aptly named Super World. 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. In an email to CTV News, the company's senior director of communications said the . 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 marketing calls and texts may use an automatic telephone dialing system. Aritzia closing all stores until further notice due to COVID-19 | CBC News Loaded. A Cisioncompany. 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. Aritzia is well known and deeply loved by its clients in Canada with growing client awareness and affinity in the United States and outside of North America. Return & Exchange Policy | Aritzia US Aritzia Inc - Aritzia Reports Financial Results for Third Quarter ended Orders purchased on aritzia.com via Afterpay will only be eligible for a refund to your Afterpay account when you mail them back to us. Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. "Our goal is to do our part for the global well-being. As soon as your return is complete, we'll e-mail you and let you know. Consumers from New York to Vancouver were shopping for elevated, modern essentials IRL until, of course, things changed. 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. The brand is also leaning in on its Diversity & Inclusion initiative, which is newly committing $1 million CAD to internal improvements. What Is the Aritzia Return Policy? [Top Info] - DoNotPay Were following every protocol and doing everything we can in our boutiques, distribution centres and support offices to ensure the safety of our people, our community and you. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. If you checked out while signed into your Aritzia account, no postage fee will be deducted. They have invested in digital capabilities like personalization, size optimization and convenient payment options, and are delivering a high-touch, elevated in-store experience. 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. In 2019, Black buying power reached $1.4 trillion, according to Selig Center for Economic Growth, and is expected to grow through to 2024. The Company designs apparel and accessories for its collection of exclusive brands. 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. Exchanges for online purchases may be completed in store or by mailing back your online return and then placing a new order. Its critical to note that this is merely the beginning the brand knows it has a lot of work ahead. Thanks to our Aritzia Community Health & Safety team and the enormous efforts of so many including each and every one of you there has been no confirmed community-spread of the COVID-19 virus within any of Aritzias spaces. The Aritzia Community Relief Fund was supported by the ongoing loyalty of our customers and the generosity of our suppliers, partners and service providers. How Aritzia Thrived During COVID-19 & What's Next - The Zoe Report Please note swim tops, bottoms, one pieces and accessories can only be returned online. 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. As we head into the heart of the holiday season, we continue to take our Aritzia Community industry-leading health precautions. And Aritzia has also consistently been a favorite of the Duchess of Sussex Meghan Markle (who has been spotted in several items from the Babaton and Wilfred range). The brand declined to comment on this shift in sizing. In our few workspaces that do remain open, we are taking industry-leading precautions to keep our teams healthy and safe. It is a priority for CBC to create products that are accessible to all in Canada including people with visual, hearing, motor and cognitive challenges. 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. Follow the steps below to complete online returns for online purchases. When Brian Hill opened the first standalone boutique in 1984, the idea was simple: offer beautiful clothes in aspirational spaces with exceptional service. 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. Don't rely on consumers to do the job you should be doing. 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.. Subsequent instalments to Afterpay may be required. Jennifer Wong is the president and COO at Aritzia, an innovative design house and fashion boutique that conceives, creates and develops its own exclusive brands, each with a unique vision and distinct aesthetic point of view. Message frequency varies. "Aritzia is committed to ensuring the financial continuity of both our internal team and the employees of our overseas partners impacted by COVID-19. 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.
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