Canadian womenswear brand Aritzia has reported a 65.2 percent increase in revenue in the first quarter of the year. In the three months to May 29, the brand posted revenue of 407.9 million Canadian dollars, up from the 246.9 million Canadian dollars it reported the previous year. Its US revenue increased 81 percent to 206.8 million Canadian...
8 Jul 2022
Aritzia has appointed Jennifer Wong as its new CEO as founder Brian Hill steps down from the position after 38 years. Wong has been at the Canadian womenswear brand for 34 years, joining in 1987 as a style advisor and working her way up the ranks to her current position as president and chief operating officer in 2015, according to LinkedIn. She...
6 May 2022
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...
13 Jan 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...
14 Oct 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...
14 Jul 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,...
12 May 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...
14 Jan 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...
15 Oct 2020
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