Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. Aritzia's popular TNA sweatsuit, Photo Credit: Courtesy of Aritzia. These recommendations are applicable to Alberta and may differ from other jurisdictions. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Copyright 2023 CNW Group Ltd. All Rights Reserved. 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 . "Aritzia is committed to ensuring the financial continuity of both our internal team and the employees of our overseas partners impacted by COVID-19. Hit the Submit Order button before you're ready? You can pick it up as soon as the store reopens. Shop Now. 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. As POPSUGAR editors, we independently select and write about stuff we love and think you'll like too. Aritzia Inc - Aritzia Reports Financial Results for Third Quarter ended Anyone can read Conversations, but to contribute, you should be a registered Torstar account holder. Aritzia optimistic about future but endures new round of - The Star 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. COVID-19 Paid Sick Leave Law | St. John's University 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. Aritzia closing all stores until further notice due to COVID-19 Aritzia Community Sponsor Package - Diamond ($100), Aritzia Community Sponsor Package - Double Diamond ($200). Amid Record U.S. Store Closures, Retailer Aritzia Commits To - Forbes Hey! Box 500 Station A Toronto, ON Canada, M5W 1E6. Canadian clothing retailer Aritzia has today announced a massive new initiative to support Canadian healthcare workers. 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. No one has been laid off or furloughed at Aritzia to date, due to COVID-19. Get our Fashion & Beauty newsletter by tapping the button below. Aritzia has also enjoyed well-deserved celebrity hype: The Super Puff puffer jacket, which was first released in 2018, has been worn by Ariana Grande, Kendall Jenner, Hailey Bieber, and Margot Robbie, catapulting it to fashion icon status. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 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. Our approach is modelled after the successful implementation at our Distribution Centres and Concierge hubs, where weve not had a single positive case of COVID-19 to date. It says customers will still be able to continue shopping through the company's website for the time being. Our goal is to do our part for the global well-being. to colleagues, clients or customers, or inquire about 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. 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. More premier locations are becoming available and under increasingly compelling financial terms, he said. Thanks to our Aritzia Community Health & Safety team and the enormous efforts of so many including each and every one of you there has been no confirmed community-spread of the COVID-19 virus within any of Aritzias spaces. (To date, Aritzia boasts ten signature brands ranging in demographic and price point, including TNA, Babaton and Wilfred.). 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). Aritzia Refund Policy. After 30 days, we will no longer accept returns. Financial Assistance for Food, Housing, and Bills. To order E-commerce revenue remains strong, though growth has moderated since most of the companys stores have reopened, he said, and is currently trending 50 per cent to 100 per cent higher than last year. By subscribing to this BDG newsletter, you agree to our. 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 brand's mystifying success story has offered a glimmer of hope for brands who were harder-hit by the pandemic and looking for ways to rebuild. 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. If youre returning items from multiple orders, please contact Aritzia Concierge to set up your return. As a huge retail corporation, Walmart has been largely affected by the COVID-19 pandemic, alongside many other stores such as Costco, Michaels, and Dollar General.. All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com 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. After 14 days of reopening, we will no longer accept returns or exchanges. 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 fundprovidedfinancial continuity to Aritzias people whoweredirectly or indirectly been affected by its store closures due to COVID-19. 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. 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. In our few workspaces that do remain open, we are taking industry-leading precautions to keep our teams healthy and safe. And well continue to do so as we begin to reopen our boutiques thoughtfully, safely and on a case-by-case basis. 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. Net revenue totalled $111.4 million, down 43.4 per cent from $196.7 million in the same time last year. All returned items purchased using a gift card will be refunded as merchandise credit back onto a gift card. Reopened stores have exceeded the companys expectations so far, said Hill, noting the company is viewing the second quarter with cautious optimism as we prepare for a period of recovery., During the first five weeks of the quarter, reopened stores have performed at 55 per cent to 65 per cent of last years revenue levels, he said, calling that well above our initial expectations., We dont know what the new normal will hold until sometime next year.. expressly prohibited without the prior written consent of Toronto "Aritzia is committed to ensuring the financial continuity of both our internal team and the employees of our overseas partners impacted by COVID-19. In addition to collection launches, new product launches this year will include intimates and swim, Hill said. That compares with it generating $226.2 million in e . For more details about our return and exchange policy, see. Exchanges for online purchases may be completed in store or by mailing back your online return and then placing a new order. Returns & Exchanges - Patagonia Help Center 68735 Views Jan 2, 2023. Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Aritzia has closed all 95 of its stores as a precaution during this coronavirus crisis. Join The Zoe Reports exclusive email list for the latest trends, shopping guides, celebrity style, and more. 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. "The minute we closed all of our stores in mid-March, we started planning to reopen. Were in this together. Aritzia Provides Business Update on COVID-19 - PR Newswire The brand declined to comment on this shift in sizing. 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. 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. 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. Star Newspapers Limited and/or its licensors. After the Black Lives Matter protests last summer, Aritzia started by investing $1 million to expand and strengthen its Diversity and Inclusion Program and established an Executive Diversity and Inclusion Committee led by Wong. VANCOUVER -- An Aritzia store in Metro Vancouver has closed temporarily following possible exposure to COVID-19. 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. I dropped an item off at a store for repair. Calls may be live or prerecorded. Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. 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. Aritzia's staff and its families through COVID-19, EveryStylishGirl's Career Advancement Directory. Women to the Power of Women is a simple equation that drives us and our beliefs forward by amplifying womens voices to make exponential progress towards gender equality and inclusivity for all, Wong explains. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. The Vancouver-based retailer closed its 96 stores on March 16 and saw a significant decline in sales in the first two weeks of that month. Your response to our Thanks To You Sale has been overwhelming, humbling, nothing short of inspiring. Don't worry, you can unsubscribe from our mailing list at any time. Aritzia has a pretty strict (and somewhat unique) exchange policy. Aritzia Customer Sponsorship starts online today; healthcare worker registration starts online May 11 Sorry, no refunds to original form of payment for sale or discounted items. 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. Coronavirus Store Closing Tracker: TJ Maxx, Bed Bath & Beyond - Forbes No one has been laid off or furloughed at Aritzia to date, due to COVID-19. |. This table provides guidance and recommendations for immunization providers when immunization errors/deviations have occurred involving COVID-19 vaccine. Brian Hill Sorry, no refunds to original form of payment for sale or discounted items. Each Community Sponsor Package consists of two of Aritzias most-loved Tour t-shirts and two pairs of iconic Aritzia Atmosphere leggings all featuring the custom heart-inspired Aritzia Community logo. From the beginning of this global pandemic, weve prioritized the health and safety of our people, our partners and our community. 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. According to a 2017 study by International Journal of Fashion Design, Technology and Education, the AAW (Average American Woman) is a size 16-18. 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"). 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. After 30 days, we will no longer accept returns. To you, our loyal clients, thank you for your continued support and trust. 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). 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. Some also reported that staff used a system of acronyms to racially profile customers in retail stores. Strategic real estate choices have also always been important to the brand, and Aritzia is growing in that realm and making power moves. I have an order outstanding. Aritzia is a vertically integrated, innovative design house of fashion brands. Thank you for supporting us, so we can support our people. Hours are as follows: 80,000 frontline healthcare workers gifted through a $10 million initial donation Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. Please reference the appropriate carrier website for hours of operation and accessible return drop off locations. The dynamic nature of this situation means that things are always changing. From your order detail page, select Return Items to fill out the return request form. from 8 AM - 9 PM ET. 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. To our people, Im incredibly proud of all of your hard work, commitment and flexible endurance. All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com 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. Without the luxury of time to prepare, weve been thrown into a world crisis. 2023 Vox Media, LLC. 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. Aritzia Community Relief Fund + Our People. Wong was named COO in 2007, and in 2015, was named president & COO of Aritzia. Were doing our best to balance whats right for our people, our clients, our partners, and our communities. Delivery of the Sponsor and Sponsor Packages will begin in late May and continue throughout June. Warm wishes and happy holidays to you and yours. Walmart's Return Policy During COVID-19 Fully Explained - DoNotPay Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. Can I refund it? The return-to-work policy, including masking and antigen testing, for employees and students with COVID-19 remains unchanged. like Jennifer Lopez, Kendall Jenner and Hailey Bieber, covet the brand's everyday luxury looks. 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. This depends on what stage of the order process your purchase is at. Its critical to note that this is merely the beginning the brand knows it has a lot of work ahead. Review your return details and click 'Process Return'. Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. 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. When Brian Hill opened the first standalone boutique in 1984, the idea was simple: offer beautiful clothes in aspirational spaces with exceptional service. Jennifer Wong, COO and president at Aritzia, Photo Credit: Evaan - https://evaan.com. Aritzia Exchange Policy. If you buy a product we have recommended, we may receive affiliate commission, which in turn supports our work. See How to Mail Back an Online Return for more information. Our boutiques are officially reopening. Artizia survived during the COVID-19 pandemic by shifting to a far more intensive digital selling strategy. 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. 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. From the beginning of this global pandemic, weve prioritized the health and safety of our people, our partners and our community. 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. Steady, now. We recognize that others are dealing with far more complex and impactful challenges than where we find ourselves. I cover captivating visionaries in fashion & lifestyle. If you return items purchased via PayPal in store, well exchange them or issue you merchandise credit. This post has been updated from its original form for clarification. Return Processing Times. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. Our boutiques are officially reopening. 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. 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. Subsequent instalments to Afterpay may be required. 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. Dates will be confirmed at a later date. 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. "SHAME on Aritzia for using the people's money," wrote another. Republication or distribution of this content is
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