More premier locations are becoming available and under increasingly compelling financial terms, he said. 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. 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. Insider info on sales, new arrivals and more good stuff. 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. Within 21 days of purchase, you can exchange your item or receive a merchandise credit, at any boutique in the same country you bought it in. Still, theres no disputing the power of a major celebrity social media endorsement. For purchases made online, you can return your purchases online and in store. These recommendations are applicable to Alberta and may differ from other jurisdictions. Aritzia's Community Care Program is an initiative to donate a total of $20 million worth of clothing to frontline healthcare workers. 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. See How to Mail Back an Online Return for more information. 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. permissions/licensing, please go to: www.TorontoStarReprints.com. 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. I dropped an item off at a store for repair. For every package purchased (you can pick up the Diamond package for $100. Packages are free of charge for licensed Canadian female healthcare workers, including doctors, nurses, and healthcare aides caring for COVID-19 patients in hospitals, COVID-19 assessment centres, and long-term care homes. We conceive, create, develop and retail fashion brands, each with its own vision and distinct aesthetic point of view and all with a depth of design and quality that provide compelling value. *The Aritzia Community Relief Fund amount is displayed in Canadian Dollars. Interested? The executive said, while everything is working right now, its about 50% of the way there. The brand, founded in 1984 in Vancouver, is in the process of investing in social media and building that team, he said. After this time, a merchandise credit onto a Merchandise Card will be issued for a period of up to 40 days from the shipping date. 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. 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. 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. Republication or distribution of this content is Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Our boutiques are officially reopening. 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. While our stores are reopening, we recommend returning your order and placing a new order online. 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. 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. For every package purchased (you can pick up the Diamond package for $100 or the Double Diamond for $200), Aritzia will donate two back to the community on your behalf. The brand is also leaning in on its Diversity & Inclusion initiative, which is newly committing $1 million CAD to internal improvements. The Aritzia Refund policy is similarly strict . 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. Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. 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. At this time, Aritzia is not working with organizations like the the Black In Fashion Council or EveryStylishGirl's Career Advancement Directory, but they are working with external D&I experts, as well as making a contribution to the NAACP and Black Lives Matter. You can receive a full refund within 14 days from the shipping date or merchandise credit on an eGift Card within 30 days from the shipping date. The Canada-based retailer saw outstanding client response to the fall-winter collection, with expanded key product in new lengths and sizes, Hill said. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. When typing in this field, a list of search results will appear and be automatically updated as you type. What is the Return & Exchange policy for items ordered on Aritzia.com? 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. By subscribing to this BDG newsletter, you agree to our. 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. like Jennifer Lopez, Kendall Jenner and Hailey Bieber, covet the brand's everyday luxury looks. Free shipping & free returns on all orders, all the time. Thank you for supporting us, so we can support our people., SUNDAY, MARCH 15 - A Letter to Our Community. All Rights Reserved. Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. The Company designs apparel and accessories for its collection of exclusive brands. Covid-infected workers forced to isolate at home without sick leave will again be able to claim up to $750 in pandemic pay from this week. 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. To order The retailer says it . 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 can I find out if my local store is open? The easy-to-wear, easy-to-wash clothing included in the set is meant to help healthcare workers transition pre- and post-shift, keeping sanitary standards in mind. 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. To you, our loyal clients, thank you for your continued support and trust. Aritzia has shared snaps from grateful nurses and medics with POPSUGAR, which were posted on social media to thank the retailer for the thoughtful packages. Star Newspapers Limited and/or its licensors. The Company's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements. Were happy to find out for you, please contact our Aritzia Concierge team on our aritzia.com live chat or email. 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. Despite the drop in overall revenues, e-commerce sales grew more than 150 per cent during the quarter. Are your stores open? Returns are free within the US when signed into your Aritzia account. So we did not layoff or furlough anyone as it related to COVID-19. (Aritzia currently has approximately 4,000 team members.). 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. The sale typically takes place on Labour Day weekend. There is a tremendous amount going on around us, all of us, and it's a very challenging time for everybody in many different ways. TnAction Spring 23 just launched. For purchases made in store, you can return or exchange your purchases in store only. Gift cards may not be redeemed for cash or refunded unless required by law. 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. 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 New launches for Aritzia this year include swim, Aritzia fans, which include A-list celebrities. We are especially thankful for all of our Distribution Centre teams during this time their hard work and commitment has been monumental and doesnt go unnoticed. As we head into the heart of the holiday season, we continue to take our Aritzia Community industry-leading health precautions. 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. 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. Review your return details and click 'Process Return'. Some also reported that staff used a system of acronyms to racially profile customers in retail stores. Aritzia is expanding its donations. 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. Last month, Jennifer Lopez posted a photo of herself on her Twitter and Instagram accounts wearing the brands iconic Super Puff, in white, with the caption: Cozy morning in my Super Puff, Thank you @AritziaI love it! Hill acknowledged the post during the earnings call, saying the artist did a little favor for us at the end of the year.. 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. "Aritzia is committed to ensuring the financial continuity of both our internal team and the employees of our overseas partners impacted by COVID-19. If you buy a product we have recommended, we may receive affiliate commission, which in turn supports our work. Wong was named COO in 2007, and in 2015, was named president & COO of Aritzia. Were in this together. They have invested in digital capabilities like personalization, size optimization and convenient payment options, and are delivering a high-touch, elevated in-store experience. 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. We learn, we refine, we continue to make changes, Wong shares. As soon as your return is complete, we'll e-mail you and let you know. 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. The dynamic nature of this situation means that things are always changing. All of this transpired without having to lay off a single employee. Aritzia is an innovative design house and fashion boutique. The real estate opportunity for Aritzia right now is unprecedented, said Hill, noting that the company is understored and many other retailers are shutting their bricks-and-mortar locations. Right now, all proceeds will go to the Aritzia Community Relief Fund to support families. Thank you for supporting us, so we can support our people. (Google Maps) Clothing retailer Aritzia Inc. is closing all of its stores until further notice as businesses . Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. Brian Hill 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. Starting May 11, Aritzia Community Sponsor Packages will be available for registration on Aritzia.com. (Super World LA is slated to open later this year.). 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"). 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. Cision Distribution 888-776-0942 You are a vital part of our community, now and forever. A Return Label has been provided with your original order. Bottom line Both companies. No one has been laid off or furloughed at Aritzia to date, due to COVID-19. While Aritzia is no stranger to designing its own signature brands, it created a limited-edition capsule collection to celebrate an equation at the heart of it all Women to the Power of Women which dropped ahead of International Womens Day, this past March. We recognize that others are dealing with far more complex and impactful challenges than where we find ourselves. 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. 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. All of our people are essential to the Aritzia team and we know we wouldnt be us without them. From your order detail page, select Return Items to fill out the return request form. Walmart's Return PolicyCOVID-19 Changes. Audience Relations, CBC P.O. "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. Aritzia is a vertically integrated, innovative design house of fashion brands. "SHAME on Aritzia for using the people's money," wrote another. 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. 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. 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 . And well continue to do so as we begin to reopen our boutiques thoughtfully, safely and on a case-by-case basis. Your Aritzia, We know youre being overwhelmed with news about COVID-19, and we know its a lot right now. Don't rely on consumers to do the job you should be doing. Social distancing guidelines also meant that Aritzia, like many other brands, had to call off Spring/Summer 2020 collection shoots; a move that wound up inadvertently amounting to huge successes. Sorry, no refunds to original form of payment for sale or discounted items. Opinions expressed by Forbes Contributors are their own. 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. 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. Even with these difficulties, Canadian apparel brand Aritzia thrived during COVID-19, seemingly becoming an exception to the rule. 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. Dates will be confirmed at a later time. A Cisioncompany. 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 gift to essential workers has become a staple piece of clothing, thank you @aritzia," one woman posted on Instagram. Your response to our Thanks To You Sale has been overwhelming, humbling, nothing short of inspiring. On this page youll find store info, shipping info, and all the As to your most pressing Qs. Right now, size 18 is no longer in stock for any Babaton items on its site the smallest listed for this line are a 12 and a 2X. Also on the topic of representation, Aritzia has faced criticism in the past for not offering a wide breadth of sizes. The Aritzia Community Relief Fund was supported by the ongoing loyalty of our customers and the generosity of our suppliers, partners and service providers. Consumers from New York to Vancouver were shopping for elevated, modern essentials IRL until, of course, things changed. "Our goal is to do our part for the global well-being. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 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. 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. 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. In its Q3 results, Aritzia reported that its e-commerce revenue was up 78.5% vs.Q3 last year. This post has been updated from its original form for clarification. Don't worry, you can unsubscribe from our mailing list at any time. So anything you buy, like the Aritzia plans to open five or six new stores and reposition three existing locations, primarily in the second half of the fiscal year. Until then, well be right here online and at your service.
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