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. Sorry, no refunds to original form of payment for sale or discounted items. Wong was named COO in 2007, and in 2015, was named president & COO of Aritzia. Walmart's Return PolicyCOVID-19 Changes. As a fashion brand that is leading with empathy, action and innovation, and an optimistic story in the retail landscape, Aritzia is experiencing success by doubling down on a formula that is working. Until then, well be right here online and at your service. All of this transpired without having to lay off a single employee. 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 has a ten-year lease on the iconic former Dean & DeLuca space. And well continue to do so as we begin to reopen our boutiques thoughtfully, safely and on a case-by-case basis. Aritzia has closed all 95 of its stores as a precaution during this coronavirus crisis. It will also be donating all profits to the Aritzia Community Relief Fund to support its . "Our goal is to do our part for the global well-being. Aritzia is also giving customers the chance to purchase a set for healthcare heroes with a "You Get, We Give" initiative. After 14 days of reopening, we will no longer accept returns or exchanges. I dropped an item off at a store for repair. As we head into the heart of the holiday season, we continue to take our Aritzia Community industry-leading health precautions. Returns are free within the US when signed into your Aritzia account. Dates will be confirmed at a later time. To our frontline COVID-19 healthcare heroes, thank you for your fearless service. 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. To date, it has contributed more than $36 million in product donations, financial support and volunteer hours to non-profits and Aritzia Community partners that share its values. Some of our new health and safety measures include: ARITZIA LAUNCHES $20 MILLION PROGRAM TO GIFT CUSTOMIZED CLOTHING TO CANADIAN HEALTHCARE WORKERS Its critical to note that this is merely the beginning the brand knows it has a lot of work ahead. Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Can I refund it? As we take extra precautions to keep our people safe, it may take us slightly longer than usual (1014 days) to issue your refunds. Were extending our Returns & Exchanges policy. 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.. 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. Aritzia has a pretty strict (and somewhat unique) exchange policy. Our goal is to do our part for the global well-being. 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. From the beginning of this global pandemic, weve prioritized the health and safety of our people, our partners and our community. Aritzia Customer Sponsorship starts online today; healthcare worker registration starts online May 11 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 significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. 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. "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. Section: COVID-19 Return to Work on Campus Series Policy Number: 1102 Responsible Office: Human Resources Effective Date: 7/30/20 Revised: 9/28/21; 11/2/21; 1/13/22; 10/19/22 POLICY. 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. 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. It is also shifting all support office employees to flexible working arrangements. No one has been laid off or furloughed at Aritzia to date, due to COVID-19. More information about coronavirus waivers and flexibilities is available on . . With your continued loyalty, weve raised over $4.4 million to support our people and their families. Brian Hill We know that every decision we make during this time impacts our community as a whole. Within 10 days of purchase, you can return your item and receive a refund to the original method of payment, at any boutique in the country you bought it from. This report by The Canadian Press was first published July 9, 2020. Key trends are edited and a curated collection of women's brands, many of which are exclusive to Aritzia, evolve each season. The company said it would be offering free shipping and free returns on online orders in the meantime. Note: If you checked out as a guest, a return postage fee of $8.00 (plus applicable taxes) will be deducted from your refund. 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. I cover captivating visionaries in fashion & lifestyle. Our boutiques are officially reopening. It does so through three pillars of impact: poverty alleviation, mentorship and job readiness. 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. Today, Aritzia is a leader in the retail industry with a world-class team, a loyal community and an exciting future ahead of it. Also on the topic of representation, Aritzia has faced criticism in the past for not offering a wide breadth of sizes. 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. Aritzia is an innovative design house and fashion boutique. rights reserved. It looks like youre not in the USA. The Company designs apparel and accessories for its collection of exclusive brands. 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. How can I find out if my local store is open? CBC's Journalistic Standards and Practices. Orders purchased via PayPal will only be eligible for a refund to your PayPal account when you mail them back to us. Where impact and internal change are concerned, its an ever-evolving process. expressly prohibited without the prior written consent of Toronto Aritzia Community Relief Fund + Our People. Since this began, weve continuously prioritized the health, safety and financial wellbeing of our people. Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. Aritzia is also in a good position thanks to e-commerce growth to expand its product lines by offering different sizes, lengths and colours; as well as new categories, such as swim, intimates, bags, shoes and beauty, he said. Despite near-term uncertainties, Aritzia's management team remains confident in the fundamentals of the Company's business model and long-term growth opportunities. "We couriered the clothes to our models to photograph at home, and we were very pleased with the results," says Brian Hill, Chief Executive Officer of Aritzia, tells TZR. If you do not yet have a Torstar account, you can create one now (it is free), Copyright owned or licensed by Toronto Star Newspapers Limited. 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. Anyone can read Conversations, but to contribute, you should be a registered Torstar account holder. 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. Let's continue to take care of each other," continued Mr. Hill. 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. 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. Opinions expressed by Forbes Contributors are their own. 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. She rose through the ranks from assistant store manager, to manager, to vice-president of operations. Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. Opinions expressed by Forbes Contributors are their own. "SHAME on Aritzia for using the people's money," wrote another. That compares with it generating $226.2 million in e . It was really important for us not to layoff or furlough anyone. Subsequent instalments to Afterpay may be required. Join The Zoe Reports exclusive email list for the latest trends, shopping guides, celebrity style, and more. "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." By the end of May, Aritzia Inc. expected its net revenue is about 45% lower for the current quarter compared with the same time last year due to COVID-19 related store closures and despite a . permissions/licensing, please go to: www.TorontoStarReprints.com. 16, Aritzia had closed all its stores, working quickly to reroute its business through digital channels. Were taking industry-leading health precautions and doing everything we can to ensure the safety of our people, our community and you. Aritzia will provide an update on the operational and financial impacts of COVID-19 on its fourth quarter Fiscal 2020 earnings call in May. This post has been updated from its original form for clarification. "The minute we closed all of our stores in mid-March, we started planning to reopen. Aritzia's strong financial position, with $274 million of liquidity in place at the end of the third quarter, enables it to weather further uncertainty while continuing to take advantage of unparalleled opportunities. 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. Here, at Aritzia, you, our loyal clients are at the heart of what we do and why we do it. 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 . New launches for Aritzia this year include swim, Aritzia fans, which include A-list celebrities. Wong declined to share any specific benchmark goals for achieving greater BIPOC representation in its corporate structure at this time. See, Click to View our Accessibility Statement. All sale and discounted items bought in store are final sale. Thirty had reopened by the end of the quarter and 89 as of July 9. The dynamic nature of this situation means that things are always changing. As we take extra precautions to keep our people safe, it may take us slightly longer than usual (1014 days) to issue your refunds. Aritzia's popular TNA sweatsuit, Photo Credit: Courtesy of Aritzia. Aritzia was startedinside the Hill familys80-year-old department store in Vancouver. When will I get my order? Artizia survived during the COVID-19 pandemic by shifting to a far more intensive digital selling strategy. Within 10 days of purchase, you can return your item and receive a refund to the original method of payment, at any boutique in the country you bought it from. While our stores are reopening, we recommend returning your order and placing a new order online. 2023 Vox Media, LLC. 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. 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. While we recognize that this is an unsettling time for all, we hope our efforts can provide you with a little sense of normalcy and comfort. (Google Maps) Clothing retailer Aritzia Inc. is closing all of its stores until further notice as businesses . 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. All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com 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. 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. 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. "Aritzia is committed to ensuring the financial continuity of both our internal team and the employees of our overseas partners impacted by COVID-19. While it's managed to perform, the question of profound, lasting change continues to loom overhead. 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. "All companies plan for challenging times, however a global pandemic is well outside of normal business planning," Hill says in response to the feedback. The retailer says it feels it's the best decision for its people, clients, partners and community as a whole. The Company's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements. Once signed into your account, access your. These recommendations are applicable to Alberta and may differ from other jurisdictions. 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. 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.. If you purchased from aritzia.com, you can ship your return back via mail using your return shipping label included in your order. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 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. Gift cards may not be redeemed for cash or refunded unless required by law. Don't worry, you can unsubscribe from our mailing list at any time. We recognize that others are dealing with far more complex and impactful challenges than where we find ourselves. 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. Clients will be able to continue shopping Aritzia's Everyday Luxury offering through aritzia.com for the time being. While successful in keeping its team intact, the move received mixed reviews from its online community. Calls may be live or prerecorded. 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 Aritzia Community Relief Fund was supported by the ongoing loyalty of our customers and the generosity of our suppliers, partners and service providers. 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. Items must not be washed, worn or damaged. All proceeds during this time go directly to the Aritzia Community Relief Fund 100% of which will be distributed to our people.
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