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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. 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). 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 Rights Reserved. Aritzia | Shop Brands Supporting Charities in Response to Coronavirus All returned items purchased using a gift card will be refunded as merchandise credit back onto a gift card. The retailer says it feels it's the best decision for its people, clients, partners and community as a whole. 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. Aritzia has been hit hard by the pandemic because many of its stores in COVID-19 hot spots have been forced to close for prolonged periods and the company has had to refocus on online sales. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. Our goal is to do our part for the global well-being. 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. Thank you for supporting us, so we can support our people., SUNDAY, MARCH 15 - A Letter to Our Community. And well do absolutely everything in our power to keep it that way. View original content to download multimedia:http://www.prnewswire.com/news-releases/aritzia-provides-business-update-on-covid-19-301024597.html, Aritzia Provides Business Update on COVID-19, http://www.prnewswire.com/news-releases/aritzia-provides-business-update-on-covid-19-301024597.html. Aritzia is expanding its donations. Interested? After 14 days of reopening, we will no longer accept returns or exchanges. In reaction to the earnings, one retail analyst said the retailer is firing on all cylinders.. Today, Aritzia is a leader in the retail industry with a world-class team, a loyal community and an exciting future ahead of it. Aritzia did not request any additional contribution from its customers beyond the entirety of sales for the limited time. 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.. Most corporations have tons of money in reserve funds that could easily be used," wrote one user. The Company's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements. Aritzia is a vertically integrated, innovative design house of fashion brands. 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. So anything you buy, like the 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. 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. Once we receive your package, well process your return within 7 to 10 business days. |. Hours are as follows: The brand is also leaning in on its Diversity & Inclusion initiative, which is newly committing $1 million CAD to internal improvements. 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). 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. 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. "Aritzia is committed to ensuring the financial continuity of both our internal team and the employees of our overseas partners impacted by COVID-19. Aritzia's staff and its families through COVID-19, EveryStylishGirl's Career Advancement Directory. 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. As part of the Aritzia Community Care Program (Aritzia invested $10 million into the program), the brand gifted 10,000 U.S. frontline healthcare workers fighting COVID-19 with custom clothing packages. 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. Masks are now required in all our boutiques, and we'll continue to provide them to any client who doesn't have their own. 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. If you checked out while signed into your Aritzia account, no postage fee will be deducted. Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. Immunization providers should follow their regulatory/employer guidance for reporting . 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. 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. Republication or distribution of this content is Sale items marked with a discount of 50% or greater are final sale. Hit the Submit Order button before you're ready? Furthermore, you can only exchange your items if you do so within 21 days of your original purchase. Free shipping & free returns on all orders, all the time. In total, Aritzia has 106 stores, with 38 boutiques in the U.S. and 68 boutiques in Canada. Follow the steps below to complete online returns for online purchases. With your continued loyalty, weve raised over $4.4 million to support our people and their families. "All companies plan for challenging times, however a global pandemic is well outside of normal business planning," Hill says in response to the feedback. Starting May 11, Aritzia Community Sponsor Packages will be available for registration on Aritzia.com. While 2020 has posed unprecedented challenges, its also illuminated all that we have to be so thankful for. 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"). And well continue to do so as we begin to reopen our boutiques thoughtfully, safely and on a case-by-case basis. COVID-19 FAQ | Aritzia US Consumers from New York to Vancouver were shopping for elevated, modern essentials IRL until, of course, things changed. Despite the drop in overall revenues, e-commerce sales grew more than 150 per cent during the quarter. Aritzia The Canada-based retailer saw "outstanding client response" to the fall-winter collection, with expanded key product in new lengths and sizes, Hill said. Text HELP for help or STOP to opt out. According to a 2017 study by International Journal of Fashion Design, Technology and Education, the AAW (Average American Woman) is a size 16-18. Every customer package that is purchased funds the donation of two additional sets of clothing for frontline healthcare workers. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. CBC's Journalistic Standards and Practices. Aritzia Gifts Clothing Care Packages to Healthcare Workers | POPSUGAR "When we made the decision to close our stores in. 2023 BDG Media, Inc. All rights reserved. So in an effort to make things easier for you, weve compiled all the facts in one place. For every package purchased (you can pick up the Diamond package for $100. By subscribing to this BDG newsletter, you agree to our. Let's continue to take care of each other," continued Mr. Hill. I have an order outstanding. 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. Sale items marked with a discount of 50% or greater are final sale. Opinions expressed by Forbes Contributors are their own. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. All of our people are essential to the Aritzia team and we know we wouldnt be us without them. Aritzia marketing calls and texts may use an automatic telephone dialing system. Steady, now. The Aritzia Community Relief Fund was supported by the ongoing loyalty of our customers and the generosity of our suppliers, partners and service providers. Want good news asap? Some Canadian Retailers Are Saying Bye To Free Returns & Here's Where Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Note: If you checked out as a guest, a return postage fee of $8.00 (plus applicable taxes) will be deducted from your refund. VANCOUVER, B.C. 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. 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. The 'Super' Success Of Aritzia: Jennifer Wong, President - Forbes All proceeds during this time go directly to the Aritzia Community Relief Fund 100% of which will be distributed to our people. Key trends are edited and a curated collection of women's brands, many of which are exclusive to Aritzia, evolve each season. Well do our best to help. Artizia survived during the COVID-19 pandemic by shifting to a far more intensive digital selling strategy. 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.. 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. 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. While 2020 has posed unprecedented challenges, its also illuminated all that we have to be so thankful for. Wong was named COO in 2007, and in 2015, was named president & COO of Aritzia. 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. All employees and students with COVID-19 infection MUST immediately report the COVID diagnosis to their supervisor, and Employee Health (409-747-9172) . Let's continue to take care of each other," continued Mr. Hill. Please reference the appropriate carrier website for hours of operation and accessible return drop off locations. Financial Assistance for Food, Housing, and Bills. 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. Were taking industry-leading health precautions and doing everything we can to ensure the safety of our people, our community and you. 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. Sales for e-commerce increased almost 47% to $148 million and 162.2% from the third quarter last year. Don't worry, you can unsubscribe from our mailing list at any time. More information about coronavirus waivers and flexibilities is available on . We will gladly refund (in original tender) regular-priced, new merchandise within 30 days of the shipping date. 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. Its critical to note that this is merely the beginning the brand knows it has a lot of work ahead. 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. UTMB Employee and Student COVID-19 Information 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. (Google Maps) Clothing retailer Aritzia Inc. is closing all of its stores until further notice as businesses . With Love, The fund provided financial continuity to Aritzia's people who were directly or indirectly been affected by its store closures due to COVID-19. 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. Our boutiques are officially reopening. 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. 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 store in Metro Vancouver closed over potential COVID-19 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 All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com Lets continue to take care of each other. This is certainly a time for everybody to listen and learn, and take action as a result of that. In 2019, Black buying power reached $1.4 trillion, according to Selig Center for Economic Growth, and is expected to grow through to 2024. 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. You are a vital part of our community, now and forever. Cant wait to see you soon. To order We recognize that others are dealing with far more complex and impactful challenges than where we find ourselves. Net revenue totalled $111.4 million, down 43.4 per cent from $196.7 million in the same time last year. Aritzia has a ten-year lease on the iconic former Dean & DeLuca space. Everything were doing is with input from people throughout the Aritzia team. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. Message and data rates may apply. This copy is for your personal non-commercial use only. Walmart's Return Policy During COVID-19 Fully Explained - DoNotPay Dates will be confirmed at a later date. 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. Coquitlam Centre Aritzia shut due to COVID-19 exposure There is a tremendous amount going on around us, all of us, and it's a very challenging time for everybody in many different ways. For purchases made in store, you can return or exchange your purchases in store only. 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. Huge line returns for Vancouver's first Aritzia Warehouse Sale since 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. A Cisioncompany. Aritzia Community Sponsor Packages are now available for customers in Canada and the USA to purchase on Aritzia.com. Here at Aritzia, you, our loyal clients, are at the heart of what we do and why we do it. No one has been laid off or furloughed at Aritzia to date, due to COVID-19. Aritzia Community Sponsor Package - Diamond ($100), Aritzia Community Sponsor Package - Double Diamond ($200). "Our goal is to do our part for the global well-being. 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). "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. 68735 Views Jan 2, 2023. Should you need anything else, you can always reach us on our live chat or through email at service@aritzia.com. 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. 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. 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..

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