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. No one has been laid off or furloughed at Aritzia to date, due to COVID-19. 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. 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. Aritzia marketing calls and texts may use an automatic telephone dialing system. Every customer package that is purchased funds the donation of two additional sets of clothing for frontline healthcare workers. Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. 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. No one has been laid off or furloughed at Aritzia to date, due to COVID-19. Once signed into your account, access your. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. This article will answer your questions about the Walmart return policy, including the COVID-19 changes, and bring you the latest updates. Were committed to being both responsive and responsible as we move forward with everyones safety in mind. 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. 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. TnAction Spring 23 just launched. New launches for Aritzia this year include swim, Aritzia fans, which include A-list celebrities. Aritzia's staff and its families through COVID-19, EveryStylishGirl's Career Advancement Directory. 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. Don't worry, you can unsubscribe from our mailing list at any time. 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 Community Sponsor Packages are now available for customers in Canada and the USA to purchase on Aritzia.com. |, Don't worry, you can opt out any 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 . Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. In reaction to the earnings, one retail analyst said the retailer is firing on all cylinders.. Interested? We are not able to offer exchanges online. VANCOUVER, B.C. Aritzia plans to open five or six new stores and reposition three existing locations, primarily in the second half of the fiscal year. Description. Today, Aritzia can count 101 boutiques, with the recent opening of its Ala Moana boutique in Honolulu, its first in Hawaii. For more details about our return and exchange policy, see. We know that every decision we make during this time impacts our community as a whole. 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. I dropped an item off at a store for repair. 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. Were taking industry-leading health precautions and doing everything we can to ensure the safety of our people, our community and you. As POPSUGAR editors, we independently select and write about stuff we love and think you'll like too. Your order is safe and secure at the store location and you can pick it up as soon as our stores reopen. 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.. Were happy to find out for you, please contact our Aritzia Concierge team on our aritzia.com live chat or email. 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. You can pick it up as soon as the store reopens. 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. From the beginning of this global pandemic, weve prioritized the health and safety of our people, our partners and our community. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. This comes after the brand faced allegations of anti-black racism from former employees, who reported that they had experienced microaggressions and disproportionate career immobility when compared to their white counterparts. Lets continue to take care of each other. "Our goal is to do our part for the global well-being. Similarly, H&M charges a payment of $4.99 for returns made through a Canada Post retail centre but offers free returns for those who are part of the free membership. If youre returning items from multiple orders, please contact Aritzia Concierge to set up your return. Cant wait to see you soon. 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. "The minute we closed all of our stores in mid-March, we started planning to reopen. 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. VANCOUVER -- Clothing retailer Aritzia Inc. is closing all of its stores until further notice as businesses across the country move to help reduce the spread of COVID-19. Text HELP for help or STOP to opt out. 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. After 30 days, we will no longer accept returns. 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. After 14 days of reopening, we will no longer accept returns or exchanges. 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. While Aritzia has managed to survive and thrive in 2020 a year that will be remembered for the acute challenges it's posed on all businesses the brand's ability to remain profitable can, and should, be continued by raising the stakes on inclusivity. 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. We look forward to the day we can open our boutiques to you once again. 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"). Updated 2/14/23. How can I get this? Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. For purchases made in store, you can return or exchange your purchases in store only. Returns are free within the US when signed into your Aritzia account. As we take extra precautions to keep our people safe, it may take us slightly longer than usual (1014 days) to issue your refunds. 16, 2020, 07:00 AM. 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. 2023 Vox Media, LLC. Aritzia is a vertically integrated, innovative design house of fashion brands. Thank you for supporting us, so we can support our people., SUNDAY, MARCH 15 - A Letter to Our Community. Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. 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. Despite the drop in overall revenues, e-commerce sales grew more than 150 per cent during the quarter. The program came together with Good360 to create a sponsor package consisting of two cotton tees and two pairs of leggings made of sweat-wicking material, each stitched with an exclusive Aritzia heart logo in gold and 10,000 have been distributed to those on the front lines of COVID-19. like Jennifer Lopez, Kendall Jenner and Hailey Bieber, covet the brand's everyday luxury looks. Net revenue totalled $111.4 million, down 43.4 per cent from $196.7 million in the same time last year. It was really important for us not to layoff or furlough anyone. In 2019, Black buying power reached $1.4 trillion, according to Selig Center for Economic Growth, and is expected to grow through to 2024. Let's continue to take care of each other," continued Mr. Hill. This copy is for your personal non-commercial use only. Most corporations have tons of money in reserve funds that could easily be used," wrote one user. Everything were doing is with input from people throughout the Aritzia team. 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. Republication or distribution of this content is In sum, they areexecuting extremely well across every key element and have been able to meet the customer where she wanted and expected to be, in this Covid marketplace.. 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. Aritzia is making an initial donation of Community Sponsor Packages (320,000 clothing items) to 80,000 frontline healthcare workers in Canada and the USA. 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. Aritzia will also open two pop-up locations in New York and Los Angeles this fall. Aritzia Exchange Policy. 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 . Only seven, including four in Manhattan, remain closed. 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. More premier locations are becoming available and under increasingly compelling financial terms, he said. Aritzia has a pretty strict (and somewhat unique) exchange policy. While our stores are reopening, we recommend returning your order and placing a new order online. Hit the Submit Order button before you're ready? Some of our new health and safety measures include: ARITZIA LAUNCHES $20 MILLION PROGRAM TO GIFT CUSTOMIZED CLOTHING TO CANADIAN HEALTHCARE WORKERS 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. When will I get my order? 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. 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. Subsequent instalments to Afterpay may be required. While our boutiques will remain closed until its safe to reopen, were committed to ensuring job security for all our employees, for as long as we can. 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. Financial Assistance for Food, Housing, and Bills. Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. Opt to get texts or calls with insider info, offers, invites and other fun surprises from Aritzia through your phone number below. To date, it has contributed more than $36 million in product donations, financial support and volunteer hours to non-profits and Aritzia Community partners that share its values. According to a 2017 study by International Journal of Fashion Design, Technology and Education, the AAW (Average American Woman) is a size 16-18. 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. 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. 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. 80,000 frontline healthcare workers gifted through a $10 million initial donation 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.
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