Aritzia

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Improved financial performance at Vancouver-based retailer Aritzia sent the company's stock soaring on Thursday morning by more than 20 per cent, though some experts warn the company isn't out of the woods after a challenging year saw the company's red-hot hype start to simmer down. The clothing chain announced its latest quarterly earnings on Wednesday after the markets had closed. The financial results were an improvement compared to the last two quarters, but the company still isn't performing as well as it did at the beginning of last year. Aritzia announced its net income had tumbled 39 per cent compared to the same period last year. At the beginning of , Aritzia was on a winning streak.

Aritzia

Aritzia sells a variety of lifestyle apparel through various upscale retail stores across Canada and the United States and online. Aritzia describes itself as "everyday luxury" brand at attainable prices. Aritzia opened its first store in in Oakridge Centre , a shopping mall located on Vancouver's West Side. The company went public on October 3, In , major shareholder Berkshire Partners , an American private equity company, exited its stake. Wong joined the firm in as a sales associate at the Robson Street store in Vancouver, one of the first Aritzia's first flagship stores. The interior and exterior architectural configurations of Aritzia's stores are designed individually. After a location is hand-selected, a team of architects and interior designers create a bespoke look with a mixture of local influences, natural materials, custom furniture, and art. Each store has at least one dressing room with a permanent or roll-in mirror for those shoppers wanting additional privacy. Some locations have complimentary coffee bars or serve alcohol.

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Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Like Irina Shayk. View Campaign. Shop Now. Sale — These styles are moving fast. Get them before they sell out. All Sale.

Aritzia

Your browser's Javascript functionality is turned off. Please turn it on so that you can experience the full capabilities of this site. Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Like Irina Shayk. View Campaign. Shop Now. View Campaign Shop Now.

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Retrieved June 7, Join the Aritzia Research Community for a chance to provide valued feedback and receive an Aritzia gift card in return. Retrieved September 24, Retrieved June 19, Contents move to sidebar hide. December Learn how and when to remove this template message. In a note to investors, CIBC analyst Mark Petrie rated Aritzia as an "outperformer" and noted the brand has managed to continue growing despite a more cautious consumer environment. The brand will also continue to face economic headwinds, with RBC predicting last month that Canadians' purchasing power will continue to weaken in the next year amid higher debt payments and ongoing inflation. Clothing Retail. Toggle limited content width. Preview Now. At the beginning of , Aritzia was on a winning streak. Business After a tough year, Aritzia banks on U. The interior and exterior architectural configurations of Aritzia's stores are designed individually. Despite recent headaches, the company's CEO Jennifer Wong struck an optimistic note during an investor call Wednesday.

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To Elevate Your World. Richmond News. Retrieved June 19, Spring Debut. February 22, In November , Aritzia launched the aritzia. Get Help. Please help improve this article by adding citations to reliable sources. The Art of Hair with Nikki Nelms. She noted the brand's recent, first-ever online " archive sale " — a tactic to help clear out excess merchandise — may have been successful but shouldn't be repeated too often. Skip to main content Click to View our Accessibility Statement Stay sharp — new suiting just launched.