COVID-19 unemployment benefits can help employees, gig workers, and self-employed people whose jobs have been affected by the coronavirus pandemic. 80,000 frontline healthcare workers gifted through a $10 million initial donation Republication or distribution of this content is 90,000 more frontline healthcare workers gifted through Aritzia Customer Sponsorship with an additional $10 million value Aritzia closing all stores until further notice due to COVID-19 | CBC News Loaded. 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. All of this transpired without having to lay off a single employee. Aritzia Community Sponsor Packages are now available for customers in Canada and the USA to purchase on Aritzia.com. It can take up to 14 days to receive and have your return processed onto your original method of payment. 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. Opt to get texts or calls with insider info, offers, invites and other fun surprises from Aritzia through your phone number below. Services Minister Bill Shorten has urged anyone who has run out of sick leave to apply - not just casual workers who aren't typically entitled to sick leave. 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.. "Our goal is to do our part for the global well-being. The Company designs apparel and accessories for its collection of exclusive brands. When search suggestions are available use up and down arrows to review and enter to select. Aritzia's largest size offering is an 12, or, sometimes a 2XL and, right now, Aritzia only has 10 items stocked in the Women's 2XL size, none of which show plus-sized models in the product shots. Only seven, including four in Manhattan, remain closed. Today, Aritzia can count 101 boutiques, with the recent opening of its Ala Moana boutique in Honolulu, its first in Hawaii. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Net revenue increased by about 63%, or $175 million, to $453 million, up 70%, or $186 million, from two years ago. 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. 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. Free shipping & free returns on all orders, all the time. The brand declined to comment on this shift in sizing. 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. The Company designs apparel and accessories for its collection of exclusive brands. 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. If you checked out while signed into your Aritzia account, no postage fee will be deducted. 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. It looks like youre not in the USA. 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. Subsequent instalments to Afterpay may be required. Aritzia has a ten-year lease on the iconic former Dean & DeLuca space. You can only exchange items to Aritzia if you purchased them in person from a store. It was really important for us not to layoff or furlough anyone. 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. Walmart's Return PolicyCOVID-19 Changes. 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. Text HELP for help or STOP to opt out. 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. Aritzia is expanding its donations. More information about coronavirus waivers and flexibilities is available on . 2023 BDG Media, Inc. All rights reserved. For more information on Afterpay, please see our Afterpay FAQ. Aritzia will provide an. 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. Consumers from New York to Vancouver were shopping for elevated, modern essentials IRL until, of course, things changed. "The shift to models providing our images from their homes is working well for now, and seems to be continuing to resonate with our clients," says Hill. Aritzia has closed all 95 of its stores as a precaution during this coronavirus crisis. real change starts from within," says Jennifer Wong, President and Chief Operating Officer of Aritzia. TnAction Spring 23 just launched. On this page youll find store info, shipping info, and all the As to your most pressing Qs. We are not able to offer exchanges online. For purchases made in store, you can return or exchange your purchases in store only. 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. Aritzia Community Relief Fund + Our People. 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 was the culmination of this move, along with Aritzia's excellence in offering "Everyday Luxury," that enabled its e-commerce to grow in excess of 150 percent in just one quarter. cozy fleece perfect hi-rise 3" sweatshort. By Mar. VANCOUVER, March 16, 2020 /PRNewswire/ - Aritzia Inc. ("Aritzia" or "the Company") (TSX: ATZ), a vertically integrated, innovative design house of exclusive fashion brands . ), Architectural and interior photography of Aritzia Super World NYC. 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. 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. The company said it would be offering free shipping and free returns on online orders in the meantime. We are the place to shop right now in the United States, Hill noted. For more information on Afterpay, please see our Afterpay FAQ. To order copies of Copyright 2023 CNW Group Ltd. All Rights Reserved. With your continued loyalty, weve raised over $4.4 million to support our people and their families. 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). Interested? 16, 2020, 07:00 AM. Follow the steps below to complete online returns for online purchases. 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. ARITZIA LAUNCHES $20 MILLION PROGRAM TO GIFT CUSTOMIZED CLOTHING TO CANADIAN HEALTHCARE WORKERS Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. 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.. (To date, Aritzia boasts ten signature brands ranging in demographic and price point, including TNA, Babaton and Wilfred.). To date, its actions include donating $100,000 to Black Lives Matter and the National Association for the Advancement of Colored People (NAACP); implementing mandatory training and education on systemic racism, racial inequality and social injustice (courses are required for all current and future members of the team; the education covers conscious and unconscious bias, micro-aggressions, stereotypes, inclusive language, privilege, effective ally-ship, and more). There were many firsts: our first-ever capsule collection,featuringfor the first time our remarkable Aritzia people,and with 100% of proceeds going to our Aritzia Community partner organizations.. Sorry, no refunds to original form of payment for sale or discounted items. These recommendations are applicable to Alberta and may differ from other jurisdictions. All proceeds during this time go directly to the Aritzia Community Relief Fund 100% of which will be distributed to our people. Aritzia Refund Policy. Calls may be live or prerecorded. In addition to collection launches, new product launches this year will include intimates and swim, Hill said. Net revenue totalled $111.4 million, down 43.4 per cent from $196.7 million in the same time last year. Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. 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. This year it's running from August 31 to September 5. A Cisioncompany. Aritzia did not request any additional contribution from its customers beyond the entirety of sales for the limited time. The Canada-based retailer saw outstanding client response to the fall-winter collection, with expanded key product in new lengths and sizes, Hill said. "When we made the decision to close our stores in. 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. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. 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. 16, Aritzia had closed all its stores, working quickly to reroute its business through digital channels. 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. Sorry, no refunds to original form of payment for sale or discounted items. 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. TnAction Spring 23 just launched. 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. 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. Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. Key trends are edited and a curated collection of women's brands, many of which are exclusive to Aritzia, evolve each season. Our goal is to do our part for the global well-being. 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. We recognize that others are dealing with far more complex and impactful challenges than where we find ourselves. 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. FRIDAY, JUNE 19 - A Letter to Our Community, ARITZIA LAUNCHES $20 MILLION PROGRAM TO GIFT CUSTOMIZED CLOTHING TO CANADIAN HEALTHCARE WORKERS. Your response to our Thanks To You Sale has been overwhelming, humbling, nothing short of inspiring. 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. (To date in fiscal year 2021, which started March 2, 2020, Aritzia has opened two new boutiques and expanded or repositioned two existing boutiques in Canada, and opened five new boutiques and expanded an existing one in the United States. 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. Our boutiques are officially reopening. Over the course of Wongs tenure with Aritzia, the company has grown from a Canadian retail operation to an internationally recognized name with a successful e-commerce store and a continually growing U.S. presence. "Well take those learnings into account as we move forward." Shop Now. The Community Care program is an extension of Aritzias overall commitment to organizations that help women and girls succeed at work and in life. Your Aritzia, We know youre being overwhelmed with news about COVID-19, and we know its a lot right now. Hours are as follows: 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. permissions/licensing, please go to: www.TorontoStarReprints.com. She rose through the ranks from assistant store manager, to manager, to vice-president of operations. Please note swim tops, bottoms, one pieces and accessories can only be returned online. 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. 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. Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. After 30 days, we will no longer accept returns. To our people, Im incredibly proud of all of your hard work, commitment and flexible endurance. Every customer package that is purchased funds the donation of two additional sets of clothing for frontline healthcare workers. 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. 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. In 2019, Black buying power reached $1.4 trillion, according to Selig Center for Economic Growth, and is expected to grow through to 2024. 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. For purchases made online, you can return your purchases online and in store. 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. Steady, now. "Y'all are a multimillion dollar company. 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. Warm wishes and happy holidays to you and yours. Delivery of the Sponsor and Sponsor Packages will begin in late May and continue throughout June. Steady, now. For further information: Helen Kelly, Vice President, Investor Relations, 604-215-6557, [emailprotected]. Even with these difficulties, Canadian apparel brand Aritzia thrived during COVID-19, seemingly becoming an exception to the rule. 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. CBC's Journalistic Standards and Practices. 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. Bottom line Both companies. "All companies plan for challenging times, however a global pandemic is well outside of normal business planning," Hill says in response to the feedback.
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