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Your consent is not required as a condition of any purchase. According to Bloomberg, the plus-sized market alone has $20 billion of buying power. I have an order outstanding. In addition to collection launches, new product launches this year will include intimates and swim, 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. Consumers from New York to Vancouver were shopping for elevated, modern essentials IRL until, of course, things changed. 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. (Google Maps) Clothing retailer Aritzia Inc. is closing all of its stores until further notice as businesses . Get our Fashion & Beauty newsletter by tapping the button below. 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. 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"). Despite the drop in overall revenues, e-commerce sales grew more than 150 per cent during the quarter. Aritzia Community Relief Fund + Our People. Join The Zoe Reports exclusive email list for the latest trends, shopping guides, celebrity style, and more. 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. Were in this together. 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. 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. After 14 days of reopening, we will no longer accept returns or exchanges. 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.. Message and data rates may apply. 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. With Love, Aritzia did not request any additional contribution from its customers beyond the entirety of sales for the limited time. Aritzia has a ten-year lease on the iconic former Dean & DeLuca space. 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. For more information on Afterpay, please see our Afterpay FAQ. And well continue to do so as we begin to reopen our boutiques thoughtfully, safely and on a case-by-case basis. To our frontline COVID-19 healthcare heroes, thank you for your fearless service. 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. All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com 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.. The Aritzia Community Relief Fund was supported by the ongoing loyalty of our customers and the generosity of our suppliers, partners and service providers. From the beginning of this global pandemic, weve prioritized the health and safety of our people, our partners and our community. 2023 Vox Media, LLC. Through the Aritzia Community Relief Fund (ACRF), all sales were donated to supporting Aritzia's staff and its families through COVID-19. Aritzia is an innovative design house and fashion boutique. Walmart's Return PolicyCOVID-19 Changes. COVID-19 FAQ | Aritzia US Aritzia is a women's fashion boutique that offers beautifully-designed clothes that are on trend, high quality, and good value. Net revenue increased by about 63%, or $175 million, to $453 million, up 70%, or $186 million, from two years ago. Learn More.If your local boutique hasnt reopened yet, you can continue to shop everyday luxury here. Warm wishes and happy holidays to you and yours. 16, 2020, 07:00 AM. 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. Insider info on sales, new arrivals and more good stuff. Aritzia's popular TNA sweatsuit, Photo Credit: Courtesy of Aritzia. The Administration's plan is to end the COVID-19 public health emergency (PHE) on May 11, 2023. Since this began, weve continuously prioritized the health, safety and financial wellbeing of our people. I cover captivating visionaries in fashion & lifestyle. COVID-19 unemployment benefits can help employees, gig workers, and self-employed people whose jobs have been affected by the coronavirus pandemic. 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. Aritzia Inc - Aritzia Provides Business Update on COVID-19 Aritzia was startedinside the Hill familys80-year-old department store in Vancouver. COVID-19 | USAGov 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. New launches for Aritzia this year include swim, Aritzia fans, which include A-list celebrities. Let's continue to take care of each other," continued Mr. Hill. Aritzia is a vertically integrated, innovative design house of fashion brands. Your response to our Thanks To You Sale has been overwhelming, humbling, nothing short of inspiring. 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. 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. Still, theres no disputing the power of a major celebrity social media endorsement. 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. This article will answer your questions about the Walmart return policy, including the COVID-19 changes, and bring you the latest updates. (Super World LA is slated to open later this year.). Let's continue to take care of each other," continued Mr. Hill. As a followup to this capsule collection, Aritzia released a limited-edition collection, Cause Mom, in time for Mothers Day. All proceeds during this time go directly to the Aritzia Community Relief Fund 100% of which will be distributed to our people. For purchases made in store, you can return or exchange your purchases in store only. 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 from. Bottom line Both companies. Aritzia Customer Sponsorship starts online today; healthcare worker registration starts online May 11 Despite the challenges, our beautiful product assortment, best-in-class distribution centre, aspirational website, and response from our loyal clientele led to e-commerce growth in excess of 150% through the end of May 2020.. The retailer says it . Aritzia closing all stores until further notice due to COVID-19 The Company designs apparel and accessories for its collection of exclusive brands. More information about coronavirus waivers and flexibilities is available on . Online purchases can be exchanged in store. |. 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 . 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. At this time, Aritzia is not working with organizations like the the Black In Fashion Council or EveryStylishGirl's Career Advancement Directory, but they are working with external D&I experts, as well as making a contribution to the NAACP and Black Lives Matter. Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. E-commerce helps keep Aritzia profitable - Retail & Manufacturing "We are in an unprecedented position to expand our product lines' depth, which includes sizes, length, colors, breadth, [and] new style developments We recognize that additional sizing choices will be important moving forward." Better Buy: Aritzia Stock or Shopify Stock? | The Motley Fool Canada Follow the steps below to complete online returns for online purchases. While our stores are reopening, we recommend returning your order and placing a new order online. I dropped an item off at a store for repair. On this page youll find store info, shipping info, and all the As to your most pressing Qs. This depends on what stage of the order process your purchase is at. Your Aritzia, We know youre being overwhelmed with news about COVID-19, and we know its a lot right now. 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. Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. Review your return details and click 'Process Return'. 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. The Canada-based retailer saw outstanding client response to the fall-winter collection, with expanded key product in new lengths and sizes, Hill said. 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. The Company's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements. 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. 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. Aritzia Return Policy for Online Purchases If you bought your regular-priced merchandise online, you can return the items within 14 days from the shipping date and receive a full refund. Aritzia Community Sponsor Package - Diamond, Aritzia Community Sponsor Package - Double Diamond, Aritzia Distributes 10,000 Packs of Leggings and T-Shirts to Healthcare Workers, distributed to those on the front lines of COVID-19. Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. Get government help during the COVID-19 pandemic with rent, student loans, food stamps, meal programs, funeral expenses, and more. 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.. 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. The fund provided financial continuity to Aritzia's people who were directly or indirectly been affected by its store closures due to COVID-19. 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). 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. If youre returning items from multiple orders, please contact Aritzia Concierge to set up your return. 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.