Aritzia news and archive

Aritzia to open new flagship store in SoHo, New York City

Artizia is set to open a new flagship store in SoHo, New York City. The move will see the Canadian luxury womenswear brand expand its retail footprint in the city, taking over the location of the Dean & Deluca store. Located on the corner of Broadway and Prince, the new store will open its doors to the public on Tuesday, November 26, just in...

ManagementFeatured

Aritzia reports strong results driven by retail expansion in the US

Second quarter net revenue at Aritzia increased 15.3 percent to 615.7 million dollars, with comparable sales growth of 6.5 percent. United States net revenue increased 23.9 percent to 345.4 million dollars, retail net revenue increased 17.6 percent to 425.6 million dollars. "Our performance during the second quarter exceeded our expectations....

ManagementFeatured

Aritzia's Q1 sales increase 8 percent, maintains FY25 outlook

Aritzia’s net revenue increased by 7.8 percent to 498.6 million dollars in the first quarter of 2025. Comparable sales growth was 2 percent, as all channels and all geographies performed positively. Adjusted EBITDA was 53.9 million dollars or 10.8 percent of net revenue, an increase of 70.6 percent and adjusted net income was 25 million dollars,...

ManagementFeatured

Aritzia delievers Q4 revenue growth of 7 percent

Aritzia delivered fourth quarter net revenue of 682 million Canadian dollars, an increase of 7 percent, while comparable sales declined 3 percent. Full year net revenue increased by 6.2 percent to 2.33 billion Canadian dollars, resulting in a three year CAGR of 39.6 percent. Comparable sales decreased 1 percent. “As expected, we also delivered...

ManagementFeatured

New styles and outerwear offering drive revenue growth at Aritzia

For the third quarter, Aritzia net revenue increased by 4.6 percent to 653.5 million dollars, resulting in a three year compound annual growth rate (CAGR) of 32.9 percent. Comparable sales growth for the quarter was 0.5 percent, compared to 22.8 percent in the third quarter of 2023. "Although the consumer environment remains mixed, we generated...

Report

Aritzia swings to Q2 loss, but revenues edge higher

Aritzia swung to a loss in the second quarter but still reported a small increase in revenue following two consecutive years of strong growth. The Canadian womenswear brand made a net loss of 6 million Canadian dollars in the three months to August 27 compared to a profit of 46.3 million Canadian dollars a year earlier. Meanwhile, revenue...

Report

Aritzia reports increase in Q1 revenue, but profits narrow

Canadian womenswear brand Aritzia has reported an increase in revenue but a hit to profit in the first quarter ended May 28. The company’s net revenue came in at 462.7 million Canadian dollars, up 13.4 percent, or up 4.1 percent on a comparable basis. Revenue in its biggest market, the US, was up 21.8 percent to 251.9 million Canadian dollars...

ManagementFeatured

Aritzia reports strong Q4 revenue growth as profits widen

Canadian womenswear brand Aritzia has reported a 43.5 percent jump in revenue in the fourth quarter of the year as its US market continued to shine. The company made revenue of 637.6 million Canadian dollars (around 469 million US dollars) in the three months to February 26, up from 444.3 million Canadian dollars a year earlier. Chief executive...

Report

Aritzia reports record revenue in Q3 as profits widen

Canadian womenswear brand Aritzia has reported a 37.8 percent increase in Q3 revenue to 625 million Canadian dollars (around 465 million US dollars), its strongest quarter ever. That was driven by the US market, with revenue up 57.8 percent to 313.5 million Canadian dollars, comprising 50.2 percent of overall revenue. Breaking it down by...

Report

Aritzia ups FY revenue outlook on strong Q2

Canadian womenswear brand Aritzia has increased its full-year revenue guidance after reporting a 50 percent sales increase in the second quarter. In the three months to August 28, sales came in at 525.5 million Canadian dollars, up from the 350.1 million Canadian dollars it posted a year earlier. On a comparable basis, sales were up 28.3...

Report

Aritzia reports strong Q1 revenue growth, US shines

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...

ManagementFeatured

Aritzia announces new CEO as revenue, profits grow

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...