Aritzia

From Wikipedia, the free encyclopedia

Aritzia Inc.
TypePublic
TSX: ATZ
IndustryFashion
Founded1984
FounderBrian Hill
HeadquartersVancouver, British Columbia, Canada
Number of locations
101[1] (2021)
Area served
North America
ProductsClothing and accessories
Number of employees
3,480[2]
Websitearitzia.com
Aritzia store in Toronto
Aritzia store in New York City
Aritzia's previous logo

Aritzia Inc. is a Canadian women's fashion brand founded in Vancouver, British Columbia, by Brian Hill in 1984. Aritzia sells a variety of lifestyle apparel through various upscale retail stores across Canada and the United States and online.

History[]

Aritzia opened its first store in 1984 in Oakridge Centre, a Vancouver-area shopping mall.[3]

The company went public on October 3, 2016.[4]

In 2019, major shareholder Berkshire Partners, a private equity company, exited its stake.[5]

In June 2021, Aritzia announced it would be acquiring Reigning Champ, a menswear-focused Canadian streetwear brand, for $63 million.[6]

Brands[]

Aritzia primarily sells in-house brands, such as Wilfred, Wilfred Free, Le Fou by Wilfred, TNA, Babaton, The Group by Babaton, 1 -01 Babaton, Sunday Best, Main Character, and Community. In 2014, Aritzia introduced two handbag lines: SIXELEVEN and Auxiliary.[7] Stores also carry clothing from labels such as , Mackage, Six Eleven, New Balance, Levi's, A Gold E, Havaianas, J Brand Jeans, Adidas, Herschel Supply Co. and Rag & Bone.[8]

Stores[]

Aritzia's stores are designed individually. As of January 2021, Aritzia operates 101 stores in North America; 68 boutiques are located in Canada including 5 TNA stores, 8 Wilfred stores and 4 Babaton stores.[9][1] There are 33 Aritzia stores in the USA, including a 13,000 square-foot flagship location in Manhattan, New York City.[10]

In January 2017, Aritzia announced the opening of a flagship store in Chicago on Rush Street.[11]

E-commerce[]

In November 2012, Aritzia launched the aritzia.com e-commerce site.[12] It also provided a digital magazine with artist profiles and galleries of clothing trends.

Notes[]

  1. ^ a b "January 2021 Investor Presentation" (PDF). Aritzia. January 2021. Retrieved May 4, 2021.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "ARITZIA INC. : Shareholders Board Members Managers and Company Profile". MarketScreener.
  3. ^ Mckenzie, Kevin Hinton & Ryan. "BCBusiness". BCBusiness. Retrieved June 19, 2021.
  4. ^ The Canadian Press (October 3, 2016). "Aritzia soars on TSX; shares up 10.69 per cent at close". CTV News. Bell Media. Retrieved October 20, 2016.
  5. ^ "Banks buy into Aritzia, as major shareholder Berkshire Partners exits". Richmond News. Retrieved June 19, 2021.
  6. ^ Larson, Kristin. "After challenging year, Aritzia forges into menswear with Reigning Champ acquisition". Forbes. Retrieved July 15, 2021.{{cite web}}: CS1 maint: url-status (link)
  7. ^ "Aritzia In-House Handbag Line Launches Today". Retrieved September 24, 2015.
  8. ^ Brands aritzia.com/
  9. ^ "Store Locations". Aritizia. Retrieved May 4, 2021.{{cite web}}: CS1 maint: url-status (link)
  10. ^ "About Us". www.aritzia.com.
  11. ^ Zumbach, Lauren. "Aritzia opening Gold Coast flagship this fall". chicagotribune.com.
  12. ^ "Aritzia fashionably late to Internet retailing". Retrieved June 19, 2021. 
"Thymes products are only sold in the best home décor stores in Canada". Retrieved September 24, 2019.
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