Aritzia did not request any additional contribution from its customers beyond the entirety of sales for the limited time. 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. Gift cards may not be redeemed for cash or refunded unless required by law. It beat expectations as it reported a net loss of $26.5 million for the first quarter ended May 31, down from a net income of $16.2 million in the same quarter last year, which ended June 2, 2019. After 30 days, we will no longer accept returns. Artizia survived during the COVID-19 pandemic by shifting to a far more intensive digital selling strategy. "This gift to essential workers has become a staple piece of clothing, thank you @aritzia," one woman posted on Instagram. Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. 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. Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. 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. "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. This article will answer your questions about the Walmart return policy, including the COVID-19 changes, and bring you the latest updates. All employees and students with COVID-19 infection MUST immediately report the COVID diagnosis to their supervisor, and Employee Health (409-747-9172) . Net revenue totalled $111.4 million, down 43.4 per cent from $196.7 million in the same time last year. Here at Aritzia, you, our loyal clients, are at the heart of what we do and why we do it. Its collection of ribbed tanks, super-soft sweatsuits, and even easy tees and joggers have been seen on influencers and celebrities alike and it's not hard to see why. Sorry, no refunds to original form of payment for sale or discounted items. Aritzia marketing calls and texts may use an automatic telephone dialing system. When Brian Hill opened the first standalone boutique in 1984, the idea was simple: offer beautiful clothes in aspirational spaces with exceptional service. ), Architectural and interior photography of Aritzia Super World NYC. 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"). Steady, now. Republication or distribution of this content is As we navigate this complex and changing landscape, were being challenged on a daily basis. When typing in this field, a list of search results will appear and be automatically updated as you type. Were happy to find out for you, please contact our Aritzia Concierge team on our aritzia.com live chat or email. The retailer opened a new boutique in Nashville and expanded four boutiques with its Troy location breaking opening-day and opening-weekend sales, Hill said. 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. Warm wishes and happy holidays to you and yours. VANCOUVER -- An Aritzia store in Metro Vancouver has closed temporarily following possible exposure to COVID-19. When we made the decision to close our stores in the middle of March last year, the first thing that was top of mind for us, was our people, Wong shares. This is certainly a time for everybody to listen and learn, and take action as a result of that. Message and data rates may apply. Hey! 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. Still, theres no disputing the power of a major celebrity social media endorsement. I have an order outstanding. 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. The retailer says it feels it's the best decision for its people, clients, partners and community as a whole. The brand declined to comment on this shift in sizing. The fund provided financial continuity to Aritzia's people who were directly or indirectly been affected by its store closures due to COVID-19. Aritzia started a phased reopening of stores on May 7. Our eCommerce business continued to surge, increasing 47% on top of the 79% increase we saw in the third quarter last year.. When will I get my order? Thank you for supporting us, so we can support our people. Free shipping & free returns on all orders, all the time. See How to Mail Back an Online Return for more information. By subscribing to this BDG newsletter, you agree to our. 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.. As a followup to this capsule collection, Aritzia released a limited-edition collection, Cause Mom, in time for Mothers Day. If you checked out while signed into your Aritzia account, no postage fee will be deducted. According to Bloomberg, the plus-sized market alone has $20 billion of buying power. Newspapers Limited, 8 Spadina Avenue, 10th Floor, Toronto, ON M5V 0S8. Aritzia is also giving customers the chance to purchase a set for healthcare heroes with a "You Get, We Give" initiative. 2023 BDG Media, Inc. All rights reserved. While most comments typically receive responses from the brand on social, the comments that pressed Aritzia on the directive went unanswered, with some users reporting that their comments were deleted. 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. Your consent is not required as a condition of any purchase. Right now, all proceeds will go to the Aritzia Community Relief Fund to support families. What if I need to return or exchange something? As for what customers can expect, Hill confirmed that a continued focus on Everyday Luxury will be paramount. Retail sales exceeded expectations in the U.S. 85% of our employee base is made up of women, including 67% of our Aritzia Leadership Team; three of six executive officers are female; and 98% of our retail management team are women. Aritzia is expanding its donations. Free shipping & free returns on all orders, all the time. In reaction to the earnings, one retail analyst said the retailer is firing on all cylinders.. 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. Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. Were extending our Returns & Exchanges policy. 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 . If you return items purchased on aritzia.com via Afterpay in store, we'll refund your credit card, exchange or issue you merchandise credit, in accordance with our Online Purchase Return & Exchange Policy. According to a 2017 study by International Journal of Fashion Design, Technology and Education, the AAW (Average American Woman) is a size 16-18. It is also shifting all support office employees to flexible working arrangements. Subsequent instalments to Afterpay may be required. Aritzia says it's increasing precautionary measures to ensure the well-being of its concierge and distribution centre employees. 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. 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). See, Click to View our Accessibility Statement. Jennifer Wong, President and COO of Aritzia, Photo Credit: Evaan - https://evaan.com. 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). Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Aritzia to Release Third Quarter Fiscal 2023 Financial Results, Aritzia Presents its Fiscal 2027 Strategic and Financial Plan, Powering Stronger. Get our Fashion & Beauty newsletter by tapping the button below. Aritzia's strong financial position, with $274 million of liquidity in place at the end of the third quarter, enables it to weather further uncertainty while continuing to take advantage of unparalleled opportunities. I dropped an item off at a store for repair. "Well take those learnings into account as we move forward." 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. 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. Aritzia aims to delight its clients through an aspirational shopping experience and exceptional client service that extends across its more than 95 boutiques and eCommerce business, aritzia.com. 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. 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. Aritzia plans to open five or six new stores and reposition three existing locations, primarily in the second half of the fiscal year. 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. Exchanges for online purchases may be completed in store or by mailing back your online return and then placing a new order. Hit the Submit Order button before you're ready? 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. If you return items purchased via PayPal in store, well exchange them or issue you merchandise credit. Consumers from New York to Vancouver were shopping for elevated, modern essentials IRL until, of course, things changed. 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. Message frequency varies. 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.. This post has been updated from its original form for clarification. 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. Star Newspapers Limited and/or its licensors. We recognize that others are dealing with far more complex and impactful challenges than where we find ourselves. "Like most companies, when the virus hit, our goal was to make every effort possible to keep our people employed so that we could continue to serve our customers." 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 2020 has posed unprecedented challenges, its also illuminated all that we have to be so thankful for. 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 . Don't worry, you can unsubscribe from our mailing list at any time. In our few workspaces that do remain open, we are taking industry-leading precautions to keep our teams healthy and safe. Return processing typically takes 7-10 business days. 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. We are not able to offer exchanges online. Subsequent instalments to Afterpay may be required. Let's continue to take care of each other," continued Mr. Hill. "When we made the decision to close our stores in. 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. VANCOUVER, March 16, 2020 /PRNewswire/ - Aritzia Inc. ("Aritzia" or "the Company") (TSX: ATZ), a vertically integrated, innovative design house of exclusive fashion brands . Pack and ship your return, following the instructions outlined on the Return Confirmation page. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. All sale and discounted items bought in store are final sale.
