Aritzia plans to open five or six new stores and reposition three existing locations, primarily in the second half of the fiscal year. 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. All sale and discounted items bought in store are final sale. "Aritzia is committed to ensuring the financial continuity of both our internal team and the employees of our overseas partners impacted by COVID-19. Newspapers Limited, 8 Spadina Avenue, 10th Floor, Toronto, ON M5V 0S8. This table provides guidance and recommendations for immunization providers when immunization errors/deviations have occurred involving COVID-19 vaccine. 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.. You can only exchange items to Aritzia if you purchased them in person from a store. Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Aritzia Return Policy - Clear Expectations on their Policy [2023] The company said it would be offering free shipping and free returns on online orders in the meantime. 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. 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. "This gift to essential workers has become a staple piece of clothing, thank you @aritzia," one woman posted on Instagram. Pack and ship your return, following the instructions outlined on the Return Confirmation page. |, Don't worry, you can opt out any time. Star Newspapers Limited and/or its licensors. Aritzia has a ten-year lease on the iconic former Dean & DeLuca space. When asked if Aritzia has plans to expand its size offering to better represent the American shopper, Hill shares that there are plans to "offer this in some products." According to a 2017 study by International Journal of Fashion Design, Technology and Education, the AAW (Average American Woman) is a size 16-18. A core value guiding the brand is its give-back initiative, as evidenced by the work it committed to at the start of the pandemic. 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. 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. This article will answer your questions about the Walmart return policy, including the COVID-19 changes, and bring you the latest updates. Orders purchased on aritzia.com via Afterpay will only be eligible for a refund to your Afterpay account when you mail them back to us. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. Your order is safe and secure at the store location and you can pick it up as soon as our stores reopen. Since this began, weve continuously prioritized the health, safety and financial wellbeing of our people. The easy-to-wear, easy-to-wash clothing included in the set is meant to help healthcare workers transition pre- and post-shift, keeping sanitary standards in mind. Orders purchased via PayPal will only be eligible for a refund to your PayPal account when you mail them back to us. 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. The real estate opportunity for Aritzia right now is unprecedented, said Hill, noting that the company is understored and many other retailers are shutting their bricks-and-mortar locations. Now, with scores of well-followed influencers wearing sizes 14 and above, the ability to represent this demographic through at-home shoots is entirely possible. Coronavirus Store Closing Tracker: TJ Maxx, Bed Bath & Beyond - Forbes 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. An employee who tests positive for COVID-19 shall be paid at the employee's regular rate until the employee is authorized to return to work per the terms of the Human Resources COVID-19 Guidelines for Employees. 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. Aritzia Provides Business Update on COVID-19 - PR Newswire 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. Free shipping & free returns on all orders, all the time. For more information on Afterpay, please see our Afterpay FAQ. We look forward to the day we can open our boutiques to you once again. The Company's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements. 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). 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. If you purchased from aritzia.com, you can ship your return back via mail using your return shipping label included in your order. It is also shifting all support office employees to flexible working arrangements. Your Aritzia, We know youre being overwhelmed with news about COVID-19, and we know its a lot right now. "Like most companies, when the virus hit, our goal was to make every effort possible to keep our people employed so that we could continue to serve our customers." Don't rely on consumers to do the job you should be doing. expressly prohibited without the prior written consent of Toronto Returns are free within the US when signed into your Aritzia account. Sorry, no refunds to original form of payment for sale or discounted items. Lets continue to take care of each other. In an email to CTV News, the company's senior director of communications said the . In addition to collection launches, new product launches this year will include intimates and swim, Hill said. 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. Message frequency varies. The Aritzia Community Relief Fund was supported by the ongoing loyalty of our customers and the generosity of our suppliers, partners and service providers. Dates will be confirmed at a later time. Aritzia Refund Policy. How Aritzia Thrived During COVID-19 & What's Next - The Zoe Report Starting May 11, Aritzia Community Sponsor Packages will be available for registration on Aritzia.com. We will gladly refund (in original tender) regular-priced, new merchandise within 30 days of the shipping date. On this page youll find store info, shipping info, and all the As to your most pressing Qs. "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 will also open two pop-up locations in New York and Los Angeles this fall. 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. All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com Insider info on sales, new arrivals and more good stuff. Cision Distribution 888-776-0942 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. 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. Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. Republication or distribution of this content is They have carved out a unique customer positioning in the market around Everyday Luxury, and through their segmentation into six distinct brands, have built an assortment that can address the customers needs Monday to Sunday, said Kristin Kohler Burrows, senior director, Alvarez & Marsal Consumer and Retail Group, a global consultancy specializing in business transformation. 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 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. It can take up to 14 days to receive and have your return processed onto your original method of payment. 68735 Views Jan 2, 2023. 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. If you return items purchased via PayPal in store, well exchange them or issue you merchandise credit. 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. This year it's running from August 31 to September 5. So in an effort to make things easier for you, weve compiled all the facts in one place. Return Processing Times. 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. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. Vancouver-based Aritzia closing all stores over COVID-19 concerns Better Buy: Aritzia Stock or Shopify Stock? | The Motley Fool Canada Learn More.If your local boutique hasnt reopened yet, you can continue to shop everyday luxury here. 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. 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. Mar. Aritzia is also giving customers the chance to purchase a set for healthcare heroes with a "You Get, We Give" initiative. 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.. 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. A Return Label has been provided with your original order. Toronto Star articles, please go to: www.TorontoStarReprints.com, Conversations are opinions of our readers and are subject to the, The Toronto Star and thestar.com, each property of Toronto Star All With an engaged Instagram community of over 1.1 million fans and a robust e-commerce infrastructure, the brand managed to stay top of mind during the pandemic and its e-commerce site saw significant growth. The Company designs apparel and accessories for its collection of exclusive brands. "Our goal is to do our part for the global well-being. Your response to our Thanks To You Sale has been overwhelming, humbling, nothing short of inspiring. Even with these difficulties, Canadian apparel brand Aritzia thrived during COVID-19, seemingly becoming an exception to the rule. The Company designs apparel and accessories for its collection of exclusive brands. Get government help during the COVID-19 pandemic with rent, student loans, food stamps, meal programs, funeral expenses, and more. Aritzia did not request any additional contribution from its customers beyond the entirety of sales for the limited time. Consumers from New York to Vancouver were shopping for elevated, modern essentials IRL until, of course, things changed. Cant wait to see you soon. Aritzia is a women's fashion boutique that offers beautifully-designed clothes that are on trend, high quality, and good value. Were doing our best to balance whats right for our people, our clients, our partners, and our communities. Despite the drop in overall revenues, e-commerce sales grew more than 150 per cent during the quarter. Amid Record U.S. Store Closures, Retailer Aritzia Commits To - Forbes Aritzia will also issue a refund in merchandise credit on an eGift Card if you return your items within 30 days from the shipping date. I write about retail, fashion and beauty. 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. 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. Shop Now. Telehealth policy changes after the COVID-19 public health emergency When search suggestions are available use up and down arrows to review and enter to select. 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. Dates will be confirmed at a later date. 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. Aritzia is offering two tiers of clothing packages for purchase with items similar to those being gifted, as an opportunity to help provide an additional 90,000 frontline health care providers (360,000 clothing items) with the apparel they need. 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. So we did not layoff or furlough anyone as it related to COVID-19. (Aritzia currently has approximately 4,000 team members.).
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