Canadian womenswear brand Aritzia has reported strong revenue and profit growth in the third quarter of the year as it continues to thrive during the pandemic. In the three months to November 28, the brand posted revenue of 453.3 million Canadian dollars, representing a 62.9 percent increase compared to last year and a 69.6 percent increase...
Jan. 13, 2022
Canadian womenswear brand Aritzia has reported surging sales as it continues to recover from the pandemic. In the three months to August 29, net revenue came in at 350.1 million dollars - that’s a 74.9 percent increase from last year and a 45.1 percent increase from two years ago. The retailer said the revenue growth reflected accelerated...
Oct. 14, 2021
Canadian womenswear brand Aritzia has reported a 121.7 percent increase in net sales in the first quarter of the year as it swung to a profit. In the three months to May 30, net sales reached 246.9 million dollars despite the closure of 34 of the company’s 102 boutiques for approximately two-thirds of the quarter. “We are extremely pleased with...
Jul. 14, 2021
A surge in online sales at Canadian womenswear brand Aritzia almost completely offset revenue lost through its closed stores in the fourth quarter of the year. For the three months ended February 28, net revenue dropped 2.9 percent to 267.5 million Canadian dollars, driven by a 57 million dollar drop in retail revenue linked to closed stores,...
May 12, 2021
Canadian womenswear brand Aritzia has reported a slight increase in revenue in the third quarter of the year, driven by a surge in online sales. For the three months to 29 November, net revenue increased by 4.1 percent to 278.3 million dollars, while online sales during the period jumped 78.5 percent. That was partially offset by a decline in...
Jan. 14, 2021
Canadian womenswear brand Aritzia has reported a Covid-related drop in revenue for the second quarter of the year, slightly offset by surging online sales. For the quarter ended August 30, net revenue at the brand fell 17 percent year-on-year to 200 million dollars, which the company attributed to occupancy restrictions, reduced operating hours...
Oct. 15, 2020
Los Angeles - Aritzia just bowed in Los Angeles with its first flagship store. The Canada-based brand just opened at Westfield Century City. The new flagship serves as the contemporary brand’s first Los Angeles brick-and-mortar. Although Aritzia has hosted pop-ups previously in the area, this is the first time that the company has planted roots...
Apr. 28, 2017
The Canadian womenswear chain has taken the market by storm after it raised 400 million Canadian dollars (around 302 million dollars) in its initial public offering of shares (IPO) on Tuesday. Market insiders have stressed the epic of this milestone, as the amount raised marks the largest deal during one of the miserable years in Canada for...
Sep. 28, 2016
Canadian’s women retailer Aritzia just disclosed that it aims to raise approximately 300 million Canadian dollars from its initial public offering. Estimated at 232 million dollars, this could be the current largest IPO for the country. According to Bloomberg, the Vancouver-based company’s founder Brian Hill and shareholders Berkshire Partners...
Sep. 8, 2016
Canadian womenswear chain Aritzia LP filed Wednesday for an initial public offering on the Toronto Stock Exchange. As reported by Bloomberg and Reuters, private equity backer Berkshire Partners LLC will sell shares in the initial public offering of shares (IPO), together with Aritzia founder and CEO Brian Hill, the company said in a filing...
Aug. 18, 2016
Canadian fashion retailer Aritzia LP is working with banks to prepare for an initial public offering as soon as this year, according to people familiar with the matter quoted by Bloomberg. Canadian Imperial Bank of Commerce, Toronto-Dominion Bank, and Bank of America Corp have been the ones reportedly chosen by the Vancouver-based retailer to...
Aug. 16, 2016
Canadian retailer Aritzia is expanding their Babaton private label brand with freestanding stores opening this fall. The Vancouver-based company will launch their first store at the CF Toronto Eaton Centre later this year, bringing together all of the brand's upscale product which includes t-shirts, jackets, pants, oversized ribbed sweaters, and...
May 26, 2016
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