Aritzia

Aritzia LP 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.

Aritzia LP
TypePublic
TSX: ATZ
IndustryFashion
Founded1984
FounderBrian Hill
HeadquartersVancouver, British Columbia, Canada
Number of locations
101[1] (2021)
Area served
North America
Key people
CEO Jennifer Wong
ProductsClothing and accessories
Number of employees
6,569[2]
Websitearitzia.com
Aritzia store in Toronto
Aritzia store in New York City
Aritzia's previous logo

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]

In May 2022, Jennifer Wong took over as CEO from Brian Hill.[7]

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, Community and Super Puff. In 2014, Aritzia introduced two handbag lines: SIXELEVEN and Auxiliary.[8] Stores also carry clothing from labels such as Citizens of Humanity, Mackage, New Balance, Levi's, A Gold E, Havaianas, J Brand Jeans, Adidas, Herschel Supply Co. and Rag & Bone.[9]

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.[10][1] There are 33 Aritzia stores in the USA, including a 13,000 square-foot flagship location in Manhattan, New York City.[11]

In January 2017, Aritzia announced the opening of a flagship store in Chicago on Rush Street.[12]

E-commerce

In November 2012, Aritzia launched the aritzia.com e-commerce site.[13] It also provided a digital magazine with artist profiles and galleries of clothing trends.

Notes
  1. "January 2021 Investor Presentation" (PDF). Aritzia. January 2021. Archived (PDF) from the original on January 19, 2021. Retrieved May 4, 2021.
  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. Archived from the original on July 15, 2021. Retrieved July 15, 2021.
  7. Robertson, Susan Krashinsky (May 30, 2022). "Aritzia's new CEO on the retailer's future". The Globe and Mail. Retrieved May 30, 2022.
  8. "Aritzia In-House Handbag Line Launches Today". Retrieved September 24, 2015.
  9. Brands aritzia.com/
  10. "Store Locations". Aritizia. Archived from the original on June 25, 2017. Retrieved May 4, 2021.
  11. "About Us". www.aritzia.com.
  12. Zumbach, Lauren. "Aritzia opening Gold Coast flagship this fall". chicagotribune.com.
  13. "Aritzia fashionably late to Internet retailing". Retrieved June 19, 2021.
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