After 30 days, we will no longer accept returns. Aritzia's popular TNA sweatsuit, Photo Credit: Courtesy of Aritzia. CBC's Journalistic Standards and Practices. Subsequent instalments to Afterpay may be required. "Our goal is to do our part for the global well-being. Aritzia is expanding its donations. 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. 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. Still, theres no disputing the power of a major celebrity social media endorsement. 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. The Company's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements. 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.. 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. 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. The brand is also leaning in on its Diversity & Inclusion initiative, which is newly committing $1 million CAD to internal improvements. TnAction Spring 23 just launched. As we take extra precautions to keep our people safe, it may take us slightly longer than usual (1014 days) to issue your refunds. What is the Return & Exchange policy for items ordered on Aritzia.com? For more information on Afterpay, please see our Afterpay FAQ. Starting May 11, Aritzia Community Sponsor Packages will be available for registration on Aritzia.com. 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. Aritzia plans to open five or six new stores and reposition three existing locations, primarily in the second half of the fiscal year. 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. With Love, Hey! It is also shifting all support office employees to flexible working arrangements. 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. Its critical to note that this is merely the beginning the brand knows it has a lot of work ahead. 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. In response to the evolving COVID-19 pandemic, Aritzia will be closing all of its retail locations until further notice as of Monday, March 16 th, 2020. In the less-distant future, changes in new products could be seen as soon as next month, with its Fall/Winter 2020 collection launching in August. The Company will continue to strategically invest in critical infrastructure across its people, processes, and technology. 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. 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. Description. The Aritzia Community Relief Fund was supported by the ongoing loyalty of our customers and the generosity of our suppliers, partners and service providers. This year it's running from August 31 to September 5. 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. Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. Aritzia is significantly increasing precautionary measures to ensure the well-being of its Concierge and Distribution Centre employees. "Well take those learnings into account as we move forward." Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. According to Bloomberg, the plus-sized market alone has $20 billion of buying power. Don't worry, you can unsubscribe from our mailing list at any time. In total, Aritzia has 106 stores, with 38 boutiques in the U.S. and 68 boutiques in Canada. Aritzia is a vertically integrated, innovative design house of fashion brands. In addition to the sales revenue contributed to ACRF, the brand took a two-pronged approach internally first, by temporarily cutting senior leadership's pay by 25 percent; and second, by forfeiting the cash portion of Board of Directors' fees, according to Aritzia's Q4 Results. It can take up to 14 days to receive and have your return processed onto your original method of payment. In reaction to the earnings, one retail analyst said the retailer is firing on all cylinders.. How can I get this? Walmart's Return PolicyCOVID-19 Changes. Effective immediately, the Company will also shift all Support Office employees to flexible working arrangements. Your order is safe and secure at the store location and you can pick it up as soon as our stores reopen. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. Aritzia is a vertically integrated, innovative design house of fashion brands. Aritzia will provide an. 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 . After this time, a merchandise credit onto a Merchandise Card will be issued for a period of up to 40 days from the shipping date. "When we made the decision to close our stores in. Interested? 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. 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. Get brilliantly crafted emails from Aritzia on sales, new arrivals and all things Everyday Luxury. So we did not layoff or furlough anyone as it related to COVID-19. (Aritzia currently has approximately 4,000 team members.). "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." 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. For further information: Helen Kelly, Vice President, Investor Relations, 604-215-6557, [emailprotected]. We will gladly refund (in original tender) regular-priced, new merchandise within 30 days of the shipping date. We appreciate your patience during this time. As we navigate this complex and changing landscape, were being challenged on a daily basis. Jennifer Wong, COO and president at Aritzia, Photo Credit: Evaan - https://evaan.com. Were extending our Returns & Exchanges policy. Wong explains the growth of Aritzias e-commerce: Upon the closure of our boutiques, we took immediate action to drive e-commerce revenue, adjusting our product, marketing and operational strategies appropriately. For purchases made in store, you can return or exchange your purchases in store only. 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. The program came together with Good360 to create a sponsor package consisting of two cotton tees and two pairs of leggings made of sweat-wicking material, each stitched with an exclusive Aritzia heart logo in gold and 10,000 have been distributed to those on the front lines of COVID-19. Free shipping & free returns on all orders, all the time. Its collection of ribbed tanks, super-soft sweatsuits, and even easy tees and joggers have been seen on influencers and celebrities alike and it's not hard to see why. 90,000 more frontline healthcare workers gifted through Aritzia Customer Sponsorship with an additional $10 million value 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. We took the next couple of weeks to analyze our business and during that time, we kept all of our people employed. 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. Even with these difficulties, Canadian apparel brand Aritzia thrived during COVID-19, seemingly becoming an exception to the rule. to colleagues, clients or customers, or inquire about Cision Distribution 888-776-0942 Here, at Aritzia, you, our loyal clients are at the heart of what we do and why we do it. Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Artizia survived during the COVID-19 pandemic by shifting to a far more intensive digital selling strategy. When typing in this field, a list of search results will appear and be automatically updated as you type. The sale typically takes place on Labour Day weekend. 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.. Let's continue to take care of each other," continued Mr. Hill. We are not able to offer exchanges online. While our stores are reopening, we recommend returning your order and placing a new order online. Through the Aritzia Community Relief Fund (ACRF), all sales were donated to supporting Aritzia's staff and its families through COVID-19. While most comments typically receive responses from the brand on social, the comments that pressed Aritzia on the directive went unanswered, with some users reporting that their comments were deleted. While it's managed to perform, the question of profound, lasting change continues to loom overhead. 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. Opt to get texts or calls with insider info, offers, invites and other fun surprises from Aritzia through your phone number below. 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.
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