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. 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 response to the evolving COVID-19 pandemic, Aritzia will be closing all of its retail locations until further notice as of Monday, March 16 th, 2020. 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. No one has been laid off or furloughed at Aritzia to date, due to COVID-19. Aritzia did not request any additional contribution from its customers beyond the entirety of sales for the limited time. Cant wait to see you soon. Quebec-headquartered retailer Simons also charges a fee of $9.99 plus tax on "each return request," although those who sign up for the brand's free membership can bypass this. I dropped an item off at a store for repair. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. VANCOUVER, March 16, 2020 /PRNewswire/ - Aritzia Inc. ("Aritzia" or "the Company") (TSX: ATZ), a vertically integrated, innovative design house of exclusive fashion brands . Furthermore, you can only exchange your items if you do so within 21 days of your original purchase. Starting May 11, Aritzia Community Sponsor Packages will be available for registration on Aritzia.com. Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Insider info on sales, new arrivals and more good stuff. All of our people are essential to the Aritzia team and we know we wouldnt be us without them. The Company will continue to strategically invest in critical infrastructure across its people, processes, and technology. Wong explains the growth of Aritzias e-commerce: Upon the closure of our boutiques, we took immediate action to drive e-commerce revenue, adjusting our product, marketing and operational strategies appropriately. From your order detail page, select Return Items to fill out the return request form. Aritzia has closed all 95 of its stores as a precaution during this coronavirus crisis. 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. Financial Assistance for Food, Housing, and Bills. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. It does so through three pillars of impact: poverty alleviation, mentorship and job readiness. We appreciate your patience during this time. Today, Aritzia can count 101 boutiques, with the recent opening of its Ala Moana boutique in Honolulu, its first in Hawaii. 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 business operations. Aritzia generated $425.9 million in e-commerce sales in the past fiscal year, which was 49.7% of its overall revenue, the company said. If you return items purchased via PayPal in store, well exchange them or issue you merchandise credit. 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. Be sure to have your package postmarked and sent off within 30 days of your Shipping Confirmation & E-Receipt email. Our goal is to do our part for the global well-being. With your continued loyalty, weve raised over $4.4 million to support our people and their families. Aritzia will provide an. 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. Your response to our Thanks To You Sale has been overwhelming, humbling, nothing short of inspiring. The Aritzia Community Relief Fund, which was supported by the ongoing loyalty of its customers and the generosity of its suppliers, partners and service providers, reached $20 million (Canadian dollars). Our boutiques are officially reopening. 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. Get our Fashion & Beauty newsletter by tapping the button below. The campaign features Canadian models (and mothers) Tasha Tilberg and Janice Alida photographed with their children. 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. Aritzias shares gained 59 cents or three per cent to $19.96 in Thursday trading on the Toronto Stock Exchange. According to Bloomberg, the plus-sized market alone has $20 billion of buying power. Don't worry, you can unsubscribe from our mailing list at any time. Aritzia is also giving customers the chance to purchase a set for healthcare heroes with a "You Get, We Give" initiative. And well do absolutely everything in our power to keep it that way. "Our goal is to do our part for the global well-being. So we did not layoff or furlough anyone as it related to COVID-19. (Aritzia currently has approximately 4,000 team members.). And well continue to do so as we begin to reopen our boutiques thoughtfully, safely and on a case-by-case basis. The Administration's plan is to end the COVID-19 public health emergency (PHE) on May 11, 2023. These recommendations are applicable to Alberta and may differ from other jurisdictions. Copyright 2023 CNW Group Ltd. All Rights Reserved. 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. 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. 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. It looks like youre not in the USA. Your consent is not required as a condition of any purchase. You can only exchange items to Aritzia if you purchased them in person from a store. As POPSUGAR editors, we independently select and write about stuff we love and think you'll like too. Lets continue to take care of each other. Aritzia has been hit hard by the pandemic because many of its stores in COVID-19 hot spots have been forced to close for prolonged periods and the company has had to refocus on online sales. Subsequent instalments to Afterpay may be required. (Google Maps) Clothing retailer Aritzia Inc. is closing all of its stores until further notice as businesses . Aritzia Community Sponsor Packages are now available for customers in Canada and the USA to purchase on Aritzia.com. 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. In an email to CTV News, the company's senior director of communications said the . Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. 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. This copy is for your personal non-commercial use only. For more information on Afterpay, please see our Afterpay FAQ. 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. Some also reported that staff used a system of acronyms to racially profile customers in retail stores. Aritzia's Community Care Program is an initiative to donate a total of $20 million worth of clothing to frontline healthcare workers. 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. Still, theres no disputing the power of a major celebrity social media endorsement. So whether youre shopping in stores or online, you can continue to enjoy Everyday Luxury knowing you and our teams are in good (clean) hands. The Return Label used must match the order for the items youre returning. Steady, now. Services Minister Bill Shorten has urged anyone who has run out of sick leave to apply - not just casual workers who aren't typically entitled to sick leave. On the heels of a successful International Womens Day with its WomenWomen (or Women to the Power of Women) capsule collection and campaign that was released in March 2021, and a 2020 filled with growth, new store openings and a successful e-commerce strategy, Aritzia is making its mark as the destination for everyday luxury. 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. Thank you for supporting us, so we can support our people. expressly prohibited without the prior written consent of Toronto Artizia survived during the COVID-19 pandemic by shifting to a far more intensive digital selling strategy. Audience Relations, CBC P.O. It is also shifting all support office employees to flexible working arrangements. |. There were many firsts: our first-ever capsule collection,featuringfor the first time our remarkable Aritzia people,and with 100% of proceeds going to our Aritzia Community partner organizations.. 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. See, Click to View our Accessibility Statement. All sale and discounted items bought in store are final sale. Some of Aritzias activities over the past year that stand out and were spearheaded by Wong include its leadership during the pandemic and how it gave back to its communities; creating an optimal framework to enhance its digital selling and e-commerce during store closures; and walking the talk by operating from the mantra that real change starts from within.. As for what products shoppers can expect to see rolled out in expanded sizing, and when, Hill says Once weve gauged the response to this collection, well be able to assess further expansion. This spring, the brand rolled out its Babaton collection, which offered up to a size 18 on a trial basis. Every customer package that is purchased funds the donation of two additional sets of clothing for frontline healthcare workers. The fund provided financial continuity to Aritzia's people who were directly or indirectly been affected by its store closures due to COVID-19. This year it's running from August 31 to September 5. 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. Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. The fundprovidedfinancial continuity to Aritzias people whoweredirectly or indirectly been affected by its store closures due to COVID-19. "SHAME on Aritzia for using the people's money," wrote another. 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. From the beginning of this global pandemic, weve prioritized the health and safety of our people, our partners and our community. "Our clients have faced a lot of change this year as a result of COVID-19 and the comfort and consistency of beautifully made clothes is an Aritzia constant they can count on.". 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. While International Women's Day and Women's History Month are notable occasions to celebrate the power of women, Aritzia recognizes women all year long, in leadership and executive roles. Immunization providers should follow their regulatory/employer guidance for reporting . Here at Aritzia, you, our loyal clients, are at the heart of what we do and why we do it. 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. So in an effort to make things easier for you, weve compiled all the facts in one place. The Company designs apparel and accessories for its collection of exclusive brands. Now, with scores of well-followed influencers wearing sizes 14 and above, the ability to represent this demographic through at-home shoots is entirely possible. All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com Sales for e-commerce increased almost 47% to $148 million and 162.2% from the third quarter last year. For further information: Helen Kelly, Vice President, Investor Relations, 604-215-6557, [emailprotected]. By Mar. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. The sale typically takes place on Labour Day weekend. 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. To you, our loyal clients, thank you for your continued support and trust. Follow the steps below to complete online returns for online purchases. Aritzia has a pretty strict (and somewhat unique) exchange policy. Since this began, weve continuously prioritized the health, safety and financial wellbeing of our people. Today, Aritzia is hitting all the right notes, a testament to the power of selling a trendy product at an attainable price, in elevated yet always inviting store environments. How do I ship my product back for a return? TnAction Spring 23 just launched. All of this transpired without having to lay off a single employee. 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. Aritzia is a women's fashion boutique that offers beautifully-designed clothes that are on trend, high quality, and good value. Exchanges for online purchases may be completed in store or by mailing back your online return and then placing a new order. We are not able to offer exchanges online. 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. Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. Hit the Submit Order button before you're ready? As we head into the heart of the holiday season, we continue to take our Aritzia Community industry-leading health precautions. FRIDAY, JUNE 19 - A Letter to Our Community, ARITZIA LAUNCHES $20 MILLION PROGRAM TO GIFT CUSTOMIZED CLOTHING TO CANADIAN HEALTHCARE WORKERS. 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. Opt to get texts or calls with insider info, offers, invites and other fun surprises from Aritzia through your phone number below. While we celebrate the fact that women make up 85 percent of our team today, we recognize that there is more we can do to promote and equality and ensure broad representation." 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. "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. "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."