Were happy to find out for you, please contact our Aritzia Concierge team on our aritzia.com live chat or email. We are not able to offer exchanges online. 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. The fundprovidedfinancial continuity to Aritzias people whoweredirectly or indirectly been affected by its store closures due to COVID-19. Once signed into your account, access your. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. 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. Get government help during the COVID-19 pandemic with rent, student loans, food stamps, meal programs, funeral expenses, and more. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. We will gladly refund (in original tender) regular-priced, new merchandise within 30 days of the shipping date. The Company's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements. 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. 2023 BDG Media, Inc. All rights reserved. As we navigate this complex and changing landscape, were being challenged on a daily basis. "When we made the decision to close our stores in. As POPSUGAR editors, we independently select and write about stuff we love and think you'll like too. We appreciate your patience during this time. 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. Hey! Aritzia plans to open five or six new stores and reposition three existing locations, primarily in the second half of the fiscal year. For purchases made in store, you can return or exchange your purchases in store only. VANCOUVER, March 16, 2020 /PRNewswire/ -Aritzia Inc. ("Aritzia" or "the Company") (TSX: ATZ), a vertically integrated, innovative design house of exclusive fashion brands, announced updates to its business operations. ARITZIA LAUNCHES $20 MILLION PROGRAM TO GIFT CUSTOMIZED CLOTHING TO CANADIAN HEALTHCARE WORKERS As we head into the heart of the holiday season, we continue to take our Aritzia Community industry-leading health precautions. This represents a collaboration withCause We Care, a Vancouver-based foundation supporting single moms and children living in poverty in Greater Vancouver, including the Downtown Eastside, one of Canadas most underprivileged communities. Items must not be washed, worn or damaged. Approximately a year before the pandemic started in North America, Aritzia's 97 boutiques were responsible for more than three quarters of the company's overall revenue. This post has been updated from its original form for clarification. Immunization providers should follow their regulatory/employer guidance for reporting . 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). 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. The brand is also leaning in on its Diversity & Inclusion initiative, which is newly committing $1 million CAD to internal improvements. By subscribing to this BDG newsletter, you agree to our. Aritzia is a women's fashion boutique that offers beautifully-designed clothes that are on trend, high quality, and good value. 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. 16, Aritzia had closed all its stores, working quickly to reroute its business through digital channels. 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. 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"). 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 our frontline COVID-19 healthcare heroes, thank you for your fearless service. Were doing our best to balance whats right for our people, our clients, our partners, and our communities. Without the luxury of time to prepare, weve been thrown into a world crisis. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. Aritzia stock is trading at the next 12-month price-to-earnings multiple of 20.4, which is lower than its historical average of about 25.8, offering a good entry point. Cision Distribution 888-776-0942 "Aritzia is committed to ensuring the financial continuity of both our internal team and the employees of our overseas partners impacted by COVID-19. Pack and ship your return, following the instructions outlined on the Return Confirmation page. 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 . Walmart's Return PolicyCOVID-19 Changes. Sales for e-commerce increased almost 47% to $148 million and 162.2% from the third quarter last year. "Our goal is to do our part for the global well-being. It looks like youre not in the USA. The fund provided financial continuity to Aritzia's people who were directly or indirectly been affected by its store closures due to COVID-19. Can I make changes to my aritzia.com order after I submit it? 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. 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 Aritzia Refund policy is similarly strict . VANCOUVER -- An Aritzia store in Metro Vancouver has closed temporarily following possible exposure to COVID-19. Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. May 5, 2020 On this day, Giving Tuesday Now, which celebrates the global power of human connection and strengthening communities, Aritzia is launching the Aritzia Community Care Program, a $20 million initiative to gift 150,000 Canadian frontline healthcare workers with custom-designed clothing packages to help prevent the spread of the virus as they fight the COVID-19 pandemic. 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. 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. To order 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. Hand sanitizer available throughout the boutique, Sanitized product and fitting rooms after each use, Sanitized cash desk and debit terminal after each client, Regular sanitization of surfaces throughout the boutique, Masks are now required in all our boutiques, and we'll continue to provide them to any client who doesn't have their own, Dedicated healthcare professional available for consult. All sale and discounted items bought in store are final sale. 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"). 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 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. Friends and Family passes to Aritzia Warehouse Sale selling for $40 online Many Metro Vancouverites have been waiting for their chance to grab Wilfred, TNA, Babaton, and Sunday Best items at a 50 to 90% discount. Your consent is not required as a condition of any purchase. No one has been laid off or furloughed at Aritzia to date, due to COVID-19. 16, 2020, 07:00 AM. 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. We recognize that others are dealing with far more complex and impactful challenges than where we find ourselves. Aritzia started a phased reopening of stores on May 7. Sorry, no refunds to original form of payment for sale or discounted items. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. With Love, 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. 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. Updated 2/14/23. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. VANCOUVER, B.C. Sales growth inthe United Statessustained unprecedented momentum, increasing 115% and representing 44% of our total revenue in the quarter, Hill said, in the company release. Aritzia is a vertically integrated, innovative design house of fashion brands. ), Architectural and interior photography of Aritzia Super World NYC. If youre returning multiple items, please try to include all items in one box and use one Return Label (even if they arrived in separate shipments or boxes). Learn More.If your local boutique hasnt reopened yet, you can continue to shop everyday luxury here. TnAction Spring 23 just launched. Financial Assistance for Food, Housing, and Bills. 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 business operations. 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. Aritzia closing all stores until further notice due to COVID-19 | CBC News Loaded. 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. In early March, when COVID-19 first began rearing its head around the world, few could imagine the toll it would take on the fashion industry. 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. It is also shifting all support office employees to flexible working arrangements. Hit the Submit Order button before you're ready? Sorry, no refunds to original form of payment for sale or discounted items. Aritzias net revenue for the first five weeks of the second quarter were down 25 per cent to 30 per cent compared with the same time last year, said chief financial officer Todd Ingledew. Insider info on sales, new arrivals and more good stuff. The Company will continue to strategically invest in critical infrastructure across its people, processes, and technology. "The minute we closed all of our stores in mid-March, we started planning to reopen. 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. Follow the steps below to complete online returns for online purchases. We appreciate your patience during this time. It says customers will still be able to continue shopping through the company's website for the time being. So in an effort to make things easier for you, weve compiled all the facts in one place. While it's managed to perform, the question of profound, lasting change continues to loom overhead. Thirty had reopened by the end of the quarter and 89 as of July 9. 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.. After 30 days, we will no longer accept returns. No one has been laid off or furloughed at Aritzia to date, due to COVID-19. Opt to get texts or calls with insider info, offers, invites and other fun surprises from Aritzia through your phone number below. 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 . It is a priority for CBC to create products that are accessible to all in Canada including people with visual, hearing, motor and cognitive challenges. "Our goal is to do our part for the global well-being. We took the next couple of weeks to analyze our business and during that time, we kept all of our people employed. After 30 days, we will no longer accept returns. Thank you for supporting us, so we can support our people. presentation-ready copies of Toronto Star content for distribution Here at Aritzia, you, our loyal clients, are at the heart of what we do and why we do it. Aritzia will provide an. 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. Aritzia's popular TNA sweatsuit, Photo Credit: Courtesy of Aritzia. When Brian Hill opened the first standalone boutique in 1984, the idea was simple: offer beautiful clothes in aspirational spaces with exceptional service. 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. Citing exceptional performance throughout the quarter despite the ever-changing pandemic landscape, including supply chain disruptions, shipping delays and labor shortages, Brian Hill, founder, chief executive officer and chairman of Aritzia, said he sees extraordinary opportunities in the retailers future. Message frequency varies. 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.