Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. 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. In the less-distant future, changes in new products could be seen as soon as next month, with its Fall/Winter 2020 collection launching in August. Aritzia plans to open five or six new stores and reposition three existing locations, primarily in the second half of the fiscal year. 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 The 'Super' Success Of Aritzia: Jennifer Wong, President - Forbes 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? 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. 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 is committed to ensuring the financial continuity of both our internal team and the employees of our overseas partners impacted by COVID-19. Subsequent instalments to Afterpay may be required. I dropped an item off at a store for repair. Aritzia Inc. reports first-quarter loss, revenue drop amid COVID-19 Return processing typically takes 7-10 business days. Walmart's Return Policy During COVID-19 Fully Explained - DoNotPay Aritzia has a pretty strict (and somewhat unique) exchange policy. As much as real estate is a priority for Aritzia, the brands digital footprint is also a critical part of its strategy. 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. As a followup to this capsule collection, Aritzia released a limited-edition collection, Cause Mom, in time for Mothers Day. CBC's Journalistic Standards and Practices. Get our Fashion & Beauty newsletter by tapping the button below. 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. In an email to CTV News, the company's senior director of communications said the . 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. By the end of May, Aritzia Inc. expected its net revenue is about 45% lower for the current quarter compared with the same time last year due to COVID-19 related store closures and despite a . Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. Updated 2/14/23. We took the next couple of weeks to analyze our business and during that time, we kept all of our people employed. ARITZIA LAUNCHES $20 MILLION PROGRAM TO GIFT CUSTOMIZED CLOTHING TO CANADIAN HEALTHCARE WORKERS I cover captivating visionaries in fashion & lifestyle. We appreciate your patience during this time. The Canada-based retailer saw outstanding client response to the fall-winter collection, with expanded key product in new lengths and sizes, Hill said. All employees and students with COVID-19 infection MUST immediately report the COVID diagnosis to their supervisor, and Employee Health (409-747-9172) . All sale and discounted items bought in store are final sale. Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. 2023 Vox Media, LLC. How do I ship my product back for a return? 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. 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. 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. 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. 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. In 2019, Black buying power reached $1.4 trillion, according to Selig Center for Economic Growth, and is expected to grow through to 2024. Return Processing Times. The chief executive of popular Canadian clothing chain Aritzia Inc. said the retailer has experienced few supply chain disruptions despite most of its materials coming from the world's most virus-ravaged countries. 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. Some Canadian Retailers Are Saying Bye To Free Returns & Here's Where After 14 days of reopening, we will no longer accept returns or exchanges. Even with these difficulties, Canadian apparel brand Aritzia thrived during COVID-19, seemingly becoming an exception to the rule. 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. During Aritzia Concierge hours only, you have up to 30 minutes from the time you click Submit Order to cancel it by calling us at 1-855-ARITZIA (274-8942) or by live chatting with us. Strategic real estate choices have also always been important to the brand, and Aritzia is growing in that realm and making power moves. 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. The analyst noted the brands expansion into the cozy and comfort category, perfectly mirroring consumer demand for more casual and relaxed, at-home pandemic-dressing, Burrows said. Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. How can I get this? Dates will be confirmed at a later date. While this has certainly been a difficult period, it has also been a period of learning and in creating opportunities that werent there for us previous to the pandemic.. Starting May 11, Aritzia Community Sponsor Packages will be available for registration on Aritzia.com. Key trends are edited and a curated collection of women's brands, many of which are exclusive to Aritzia, evolve each season. The Company designs apparel and accessories for its collection of exclusive brands. TnAction Spring 23 just launched. 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. Sales for e-commerce increased almost 47% to $148 million and 162.2% from the third quarter last year. Hit the Submit Order button before you're ready? 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. Jennifer Wong, COO and president at Aritzia, Photo Credit: Evaan - https://evaan.com. While we recognize that this is an unsettling time for all, we hope our efforts can provide you with a little sense of normalcy and comfort. If you return items purchased on aritzia.com via Afterpay in store, well refund your credit card, exchange or issue you merchandise credit, in accordance with our Online Purchase Return & Exchange Policy. expressly prohibited without the prior written consent of Toronto New launches for Aritzia this year include swim, Aritzia fans, which include A-list celebrities. The fundprovidedfinancial continuity to Aritzias people whoweredirectly or indirectly been affected by its store closures due to COVID-19. To ensure the safety of our people is at the forefront of what we do, weve moved our Support Office and Aritzia Concierge teams to a flexible working environment. Net revenue increased by about. View original content to download multimedia:http://www.prnewswire.com/news-releases/aritzia-provides-business-update-on-covid-19-301024597.html, Aritzia Provides Business Update on COVID-19, http://www.prnewswire.com/news-releases/aritzia-provides-business-update-on-covid-19-301024597.html. The retailer says it feels it's the best decision for its people, clients, partners and community as a whole. 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. Management of COVID-19 vaccine administration errors and - Alberta As soon as your return is complete, we'll e-mail you and let you know. Were taking industry-leading health precautions and doing everything we can to ensure the safety of our people, our community and you. Let's continue to take care of each other," continued Mr. Hill. Sale items marked with a discount of 50% or greater are final sale. With your continued loyalty, weve raised over $4.4 million to support our people and their families. In total, Aritzia has 106 stores, with 38 boutiques in the U.S. and 68 boutiques in Canada. Items must not be washed, worn or damaged. All of this transpired without having to lay off a single employee. (To date, Aritzia boasts ten signature brands ranging in demographic and price point, including TNA, Babaton and Wilfred.). 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. cozy fleece perfect hi-rise 3" sweatshort. "When we made the decision to close our stores in. According to a 2017 study by International Journal of Fashion Design, Technology and Education, the AAW (Average American Woman) is a size 16-18. The brand declined to comment on this shift in sizing. Not only did this aesthetic reflect consumers' stay-home reality, creating styles they could see themselves in it also, in many ways, called upon the influencer-popularized It-girl aesthetic, through which Gen-Z millennials are used to shopping online.

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