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Our sites are always set on the future. Meanwhile, it makes deep buys of historically successful products that get refreshed year by year, says Stephen MacLeod, an analyst at BMO Capital Markets. This is a beautifully structured coat with a wrap silhouette and a cozy collar that can be worn up or down. In a retail landscape littered with flameouts, Aritzia has managed to stand apart, thanks in no small part to its nimble leap to e-commerce and a president and COO who focuses on everything but fashion. Our whole marketing objective is to get famous in the U.S., says Hill. But whether we're going to sell it now or not, that has not -- is yet to be included. After the Black Lives Matter protests last summer, Aritzia started by investing $1 million to expand and strengthen its Diversity and Inclusion Program and established an Executive Diversity and Inclusion Committee led by Wong. I love what we're doing personally. Ms. Wong was 18 years old at the time and studying commerce at the University of. "We are very well known and loved in Canada," Wong said in an interview. She pauses to consider. Our inventory buys are focused on our proven sellers, and we are confident we are on track to have the product to meet demand through the fall/winter season. Thank you, and thanks for joining Aritzia's first quarter fiscal 2023 earnings call. We also continued to focus on uplifting and empowering our communities and all the people we serve. Okay. Its confidence in knowing weve taken the time to analyze something and make an informed decision., Wong says its not just the employees at the executive level who are responsible for keeping Aritzia cutting-edge. Please send e-mails to the following: Brian Hill, Chief Executive Officer, at [email protected] Jennifer Wong, President & Chief Operating Officer, at [email protected] Then fill out the form below to urge other Aritzia executives to end all alpaca fleece sales immediately. This improvement was achieved primarily from leverage on occupancy and warehousing costs that was amplified as we lapped the boutique closures from last year. There's always something going on, and I'm always on my BlackBerry. So we're thrilled with what the response is to our product and continues to be. Jennifer has 1 job listed on their profile. })(). In Canada, we also saw strong sales in our comparable boutiques and benefited from the contribution from the reopened boutiques in Eastern Canada that were closed for two-thirds of the first quarter last year. We were especially excited about launching our more sustainable styles page. Other celebrity sightings led to stock sellouts, which further fuelled the buzz. Opinions expressed by Forbes Contributors are their own. pbs facing death documentary summary; burning american flag emoji copy and paste; cute names for a stuffed squid; unreal engine console commands; what does ashley mean; pheasant run apartments lafayette; One of the things were good at is understanding what our customer wants, she explains. As much as real estate is a priority for Aritzia, the brands digital footprint is also a critical part of its strategy. As Pippa Morgan, executive vice-president of the retail division, puts it: It took 36 years to open 100 stores and 36 hours to close them., In the preceding weeks, Wong and the pandemic task force had spent long days running through scenarios based on infection trajectories, various degrees and durations of closures, and triangulated them with anecdotal reports from staff in different cities. The next question is from Lorraine Hutchinson with Bank of America. And Todd, you gave some commentary around sort of the cadence of pressure as the year unfolds or the rest of the year unfolds. Right now, we're just looking out to Q4 and what happens next year, I think we'll have a better visibility into over the next three to six months. But we're actually anticipating that, that will subside when potentially some kind of recession of some form or another, how deep it is who knows. We celebrated their heart, passion and fearlessness as they pave the way for future generation. In Canada, we grew by 52% with outstanding comparable sales growth and the benefit of reopened boutiques in Eastern Canada. I always have to be moving the peanut forward, so to speak. View Jennifer Wong's business profile as Chief Executive Officer at Aritzia. At first glance it seems the boutique, which spans 10,000 square feet over two stories, resembles nothing of its originsthe small nook tucked inside the Hills of Kerrisdale department store in Vancouverbut there are two key components that havent changed since its humble beginnings: its distinctly Canadian vibe and the involvement of Jennifer Wong. Shes done a great job of putting the strategic dream into place.. We would refer you to our most recently filed management's discussion and analysis and our annual information form, which include a summary of the material assumptions as well as risks and factors that could affect our future performance and our ability to deliver on these forward-looking statements. The success of our geographic expansion strategy builds on our already flourishing boutique portfolio and positions Aritzia for continued growth into the future. But I guess I just wanted to sort of ask about you've been able to move away from some of your promotions, especially in the U.S. and sort of structurally move higher on gross margin. Ms. Wong earned a Bachelor of Arts in Economics from the University of British Columbia. Please. So we're super excited with the experience. Her plan was to make some extra cash while she studied economics at the University of British Columbia. I think you've heard us talk about this a lot. The Community Care program is an extension of Aritzias overall commitment to organizations that help women and girls succeed at work and in life. In Q2, we're entering new markets. Every new venture is also new to me. She credits the companys success to her knowledge of the brand and a close-knit executive team. With them, we started a scholarship program to provide LGBTQ students with financial assistance, opportunities and access to education. The online infrastructure held up despite days that were as busy as Black Friday and Cyber Monday, says Wong. "It's really nice working with a well-received brand," she adds. The . In Q1, we made progress on our path to getting famous in the U.S. Our client acquisition continued to accelerate, and this growth was on top of what we saw in Q4. A core value guiding the brand is its give-back initiative, as evidenced by the work it committed to at the start of the pandemic. This is certainly a time for everybody to listen and learn, and take action as a result of that. Wong has been an integral part of the companys growth, spearheading the implementation of Aritzias resource planning system and overseeing the companys U.S. expansion, including the June 2011 opening of the New York City store, Aritzias ninth American location. Corporate Secretary, and Director of Aritzia, the total compensation of Jennifer Wong at Aritzia is CAD$1,224,000. Since the implementation of our NCIB on January 12 and through yesterday, we've repurchased 1.46 million shares, returning $56.7 million to shareholders. 1,039 Followers, 784 Following, 31 Posts - See Instagram photos and videos from Jennifer Wong (@jennwongg) jennwongg. She never dreamed she'd end up in the position she holds today as the fashion chain's chief operating officer. Jennifer Wong, who began her career at Aritzia as a style advisor in 1987 and worked her way up the ranks, became CEO in May. He's talking. So we did not layoff or furlough anyone as it related to COVID-19. (Aritzia currently has approximately 4,000 team members.). Wood's Ark Invest nearly liquidates Silvergate Capital position, Musk bets big on beating shareholders at 'funding secured' trial, Investor Peltz, corporate doctor, pushes Disney to take bitter pill, BYD's Shares Fall After Warren Buffett Cuts Stake in Company Again, Shares of Ant-controlled companies, Alibaba rise after Jack Ma gives up control, Arnault tightens family grip on LVMH as daughter becomes Dior CEO, Circles: Another Bayer investor wants to split up - share price rises, Credit Suisse nears deal to buy Michael Klein's advisory firm - Bloomberg News, Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz, Cucinelli tops forecast with near 30% sales jump in 2022, Transcript : Aritzia Inc., Q3 2023 Earnings Call, Jan 11, 2023, Aritzia Fiscal Third-Quarter Profit Rises 8.9% as Sales Rise to a Record, Aritzia Brief: "All geographies and all channels contributed to our better than anticipated results," said Jennifer Wong, Chief Executive Officer, Transcript : Aritzia Inc. - Analyst/Investor Day, Transcript : Aritzia Inc., Q2 2023 Earnings Call, Oct 12, 2022, Aritzia's Fiscal Second-Quarter Profit Rises 16%, Tops Expectations, as Sales Surge, President, CEO, COO, Secretary & Director. Of course, Aritzia isnt the first Canadian fashion retailer to make tracks in the U.S. 1 clothing retailer in Canada because its tactile browsing experience cant easily be duplicated online. We've done such a good job to extend all other product expansion initiatives. As part of the Aritzia Community Care Program (Aritzia invested $10 million into the program), the brand gifted 10,000 U.S. frontline healthcare workers fighting COVID-19 with custom clothing packages. november 2020. The Vancouver-based company, which went public in 2016, says. ", Follow us on Twitter: @globebusinessOpens in a new window. What could change? And just as a follow-up, I assume that, that impact from expedited freight would be incremental to last year. Leave this field empty if you're human: There are 1 executives at Aritzia getting paid more, with JedPaulson having the highest compensation of $2,449,610. "Client growth [in the U.S.] has increased more than 300 per cent in the past two years." Aritzia also noted its inventory climbed by 150 per cent over the past year. . I mean these initiatives right now in the short term are not going to drive our sales. Turning to our outlook. But from an increased perspective why we went from 100 to 150, we're just seeing higher inflationary pressure really across a lot of lines of the P&L and specifically as it relates to gross profit, product costs, logistics costs and even labor at our distribution centers. The hope is for annual revenue to exceed $1.1 billion in 2021, up from $743 million in 2018. Meaghen, I'll take that one. She dabbled in corporate operationshuman resources, legal, finances, marketing, and technologywas named chief operations officer in 2007 and, in 2015, added president to her title. Ordering Dr. Martens directly from the factory in England, she recalls, made Aritzia one of only five retailers in Canada to do so. At 5 a.m. on March 15, Wong was in Whistler, B.C., on spring break with her family when she got a call from Hill. Just with the success on the very strong demand that you're having in the U.S. and with strong productivity from the new boutiques that you're building, is it changing your longer-term perspective on the U.S. market and just how big that could be for you and maybe the potential number of boutiques that you might open there over the long run? (To date in fiscal year 2021, which started March 2, 2020, Aritzia has opened two new boutiques and expanded or repositioned two existing boutiques in Canada, and opened five new boutiques and expanded an existing one in the United States. Please go ahead. But -- so we see some growth there. And these aren't just the flagships we're looking to expand. Thank you. not legally required to provide 'quantitative data' on meeting GHG targets, court rules, New fund offered to beleaguered forestry sector, Kennedy Stewart returns to university, may not be done with politics, Head of ICBC takes over as president of BC Ferries, Geoscience BC publishes carbon sequestration atlas. In its Q3 results, Aritzia reported that its e-commerce revenue was up 78.5% vs.Q3 last year. Twenty-five years later, Wong is still at Aritzia, and in an era when its not uncommon for young professionals to change careers multiple times, this makes her somewhat of an anomaly. So if we're just thinking about how this might roll off going forward, and what piece of that would you expect to the stick going forward? The company was formerly known as Aritzia Capital Corporation and changed its name to Aritzia Inc. in August 2016. Im usually the boring one who has to say, Id never wear that. Hill and Wong have established a clean division of duties. But even though I'm always available for work, my career is very important to me. We -- as you mentioned, we have less off pricing going on. Ms Wong is 51, she's been the Pres, COO, and Corp. Sec. Through this partnership, we will extend their analytics solution to our entire organization. The website now services over 200 countries worldwide. And these new categories are looking down the road and down in the future as we continue to expand. Our boutiques and the progress we made on our geographic expansion drove our exceptional performance and U.S. growth. How it trends through the balance of the year and then sort of the current nature of the inventory? } You may disconnect your lines. Designed to help you build your network, because you never know where that next connection takes you. And once again, I'm in this every day, and Todd and I have been having the most meaningful discussions we've had on inventory probably ever and as well as Jennifer and the three of us have been having these discussions. But even that -- I don't -- that's not how we're looking at it. Inventory was $299 million at the end of the first quarter, up 81% from last year. And Aritzia has also consistently been a favorite of the Duchess of Sussex Meghan Markle (who has been spotted in several items from the Babaton and Wilfred range). They will require some capital, but we actually foresee our sales increasing. She had an ability to cut out the noise and eloquently share an opinion, he says. Aritzia Inc. was founded in 1984 and is headquartered in Vancouver, Canada. Yet Hill, then CEO, and Wong, then president, led Aritzia to record profits in 2022 of $157 million. The push also goes the other way: When Aritzia opened boutiques in Minneapolis and Denver, e-commerce sales in those markets doubled, says Hill. If industry standards have a 50 percent failure rate, why would I want to follow those same standards? says Wong, We go about things in a different way. Presently, we're repositioning three in Toronto from sort of 4,000, 5,000 feet up to 15,000, 20,000 feet. How much relates to the closures last year expedited freight? Strategically, it comes down to our business model. I like to drive things to be solved or fixed or built, Wong says. The next question is from Dylan Carden with William Blair. We now expect gross profit margin to decline up to an additional 50 basis points for the year to approximately 100 to 150 basis points down compared to last year, reflecting higher-than-expected inflationary pressure. And so we did talk a bit about some of the transitory impacts on the gross margin here. Good afternoon, everyone. There are 8 older and 2 younger executives at Aritzia. The retailers rapid growth since going public in 2016 stands in sharp contrast to industry trend lines. While commerce was in her bloodher father was a banker, and she used to play business on a toy IBM typewriter as a childshe often sketched textile patterns during class and drove her mother crazy with wilful clothing choices. At the end of the day, she shrugs, were a demand-driven organization. And so while it looks like a larger increase over the prior year right now, if you take out some of the in-transit that I talked about, we would be down to a 54% increase. Aritzia Inc., together with its subsidiaries, designs and sells apparels and accessories for women in North America. Over time, the company kept investing in the backbone technology and upgrading the online experience, improving the layout, photography, fit information, packaging and many other facets that kept the online experience consistent with the store experience, says CIBCs Petrie. We're positioned very nicely where we think that we might lose some customers at the bottom, but we will certainly see some customers trading down. The house-of-brands approach also enables the company to shift focus and inventory with fashions ebbs and flows. Aritzia today also released fourth-quarter andfiscal 2022 financial data,for the period that ended February 27. Aritzia's CEO is Jennifer Wong . And based on your commentary, Jennifer, it sounds as though the line extensions, notably the swimwear, the launch is going very well. But at this point in time, we're cautiously optimistic that we're going to continue on with the same track we've been on for quite some time now. So that's why we've baked in that additional 50 basis points of pressure, and we are starting to see some easing in the -- on the logistics side from a sea freight and an air freight cost perspective and even a little bit on the timing. And it's exciting to be in the business of fashion. Aritzia says founder and chief executive Brian Hill is stepping down from the role after leading the clothing retailer for 38 years. Thank you. Track performance, allocation, dividends, and risks . We analyzed everything left to right, top to bottom, Wong says. On the southeast corner of Broadway and Spring in New York Citys stylish SoHo neighbourhood is the Canadian clothing store, Aritzia. callback: cb So as I've been saying in my prepared remarks, we have a long-term view of the business. Open Your Heart. ProductEmail Finder API Accuracy Pricing Company Email Directory Compare. 06-18-2022. The company has identified roughly 100 locations that could support stores, and given the troubles of its retail competitors, there are many deals to be had. The enviable position we are in today is a result of our proven long-term view of the business. "The funny thing is, being at Aritzia has far exceeded any career aspirations I could have imagined," says Ms. Wong, noting she was inspired to study finances by her father, a banker and her mentor. We better enabled clients to effortlessly shop the 63% of our spring/summer collections made from certified, organic or recycled materials. So one, what are you seeing out there with regards to your competitors? SG&A as a percent of net revenue is expected to increase approximately 50 to 100 basis points compared to last year, reflecting continued investments in talent and technology to fuel our future growth. Download year list. Its a big buzzword in retail, says Harris, but you can count who does it well on three or four fingers. Since reopening most stores in May, the retailer has continued to keep its digital and bricks-and-mortar businesses in close synch. And so rather than being sort of -- Todd, I can't remember what the numbers you just said, our sales were up around 70% and our inventory was up 20% or 30% or whatever those numbers were, we don't just want to get up to 70%. But Aritzia, the fourth-largest Canadian-owned womens apparel retailer, has a better chance than most chains of coming out strong, if not stronger. We're extremely pleased with our Q1 results and excited for the future. Aritzia executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. This past quarter, we began offering jack.org mental health support and resources to all of our people in Canada and The U.S. We also made a donation to support jack.org's mission of providing these resources to young people across Canada. Find Jennifer Wong's phone number, address, and email on Spokeo, the leading online directory for contact information. And I think you've already heard Brian mention it that we are investing in our proven sellers that are going to drive our business in Q3 and Q4 and also potentially in Q1 of next year. Analysts had expected the company to generate about $135.4 million in net revenue. Potentially air freight prices could come down or expedited freight costs. We need to go beyond that because we don't want to be in a position where we're buying at 70%, expecting increases of 70% and all of a sudden, we have some COVID shutdowns or there's some shipping delays and things like that. There's a Louis Vuitton flagship store in there.". There are 2 executives at Aritzia getting paid more, with Jed Paulson having the highest compensation of $2,449,610 . From there, she moved through human resources, legal, finance, marketing and technology, and was named COO in 2007. It's a journey through our experience, it's not just something one-dimensional experience for them. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. It didnt lay off any staff, instead shifting many to help with e-commerce and call centre operations. Jennifer Wong is the president and COO at Aritzia, an innovative design house and fashion boutique that conceives, creates and develops its own exclusive brands, each with a unique vision and distinct aesthetic point of view. HARRINGTON JACKET MENS CLASSIC RETRO SCOOTER 1970'S VINTAGE BOMBER MOD COAT TOP . We're under construction on. She has been instrumental in accelerating our growth and will lead Aritzia in capitalizing on the incredible opportunities we see ahead. Hill, who is in his late 50s,said that he remains as dedicated to Aritzia as he did when he founded the venture in 1984, with a first store in Oakridge Centre, and then a second one in Metropolis at Metrotown. Yes, I'll take that. Her husband, Brian, knew upon meeting Wong that she was just as crazy about work as she was about having a family, and when the couple started having kids a little more than a decade ago a boy followed by another two years later he assumed the role of the stay-at-home dad, so mom could keep bringing home the bacon. Wong had set up a war room, its walls covered in charts and reports, and she met there daily with her top lieutenants, sometimes spending 14 hours in their own social bubble inside the otherwise empty head office. And like I said in the prepared remarks, we have not seen any indicator sales being at the top line, but we have not seen any indicators, whether it be traffic to our website or average transaction size or average selling price. So obviously, sometimes real estate and the opportunities don't necessarily present the opportunity for a bigger store. Jennifer served as Chief Operating Officer and President, Chief Operating Officer and Secretary for Aritzia. That's great. The company's fourth-quarternet revenue increased by66.1 per cent, compared to the same quarter a year ago, to $444.3 million. The Aritzia management team includes David Labistour (Board Member), Todd Ingledew (Chief Financial Officer), and Jennifer Wong (Chief Executive Officer) . And presently, we're not looking at -- we're looking at promoting our swim and things in our stores, for sure, intimates as well. Its critical to note that this is merely the beginning the brand knows it has a lot of work ahead. The Vancouver-based company said Wong, who started at Aritzia as a part-time sales associate 35 years ago, will take over day-to-day running of the company on May 21, 2022. We're just getting started. The COVID-19 crisis has borne out the wisdom of Aritzias omnichannel strategy. Prior to her current role, Ms. Wong was named our chief operating officer in 2007 where she created and led our executive committee as its chair. Preview Subscribe. With almost 100 boutiques across Canada and the U.S., it plans to open five or six stores this year. But generally speaking, we changed the size of the stores that we're actually communicating to the landlords that we're after. & Non-Independent Director of Aritzia since . So that's why we're planning on seeing the most pressure in Q2. (function() { She is really nice , sweet and funny. Aritzia's net income of $70.7-million for the third quarter of fiscal 2023 was an increase of 8.9% from a year earlier . "Aventura Mall is one of the top shopping centers in the U.S. Aritzia Inc. was founded in 1984 and is headquartered in Vancouver, Canada.. In addition, one of our board committees oversees governance and diversity, which includes consideration for female representation both on our board and in senior management positions. Aritzia CEO Brian Hill first noticed the young sales associate during a visit to the Robson Street store three years after the companys founding in 1984. And then we're obviously monitoring our usage as well. It 38 years at the helm of the clothing chain, the founder of Aritzia steps down as CEO. Aritzias sales per square foot are well above its peers, analysts report, and recently opened stores have returned the investments within two years. I will now turn the conference over to Beth Reed, Vice President, Investor Relations. And as we've mentioned in many calls and many Q&As, we're managing our supply chain costs and our product costs and all of the inflationary costs that we're seeing as tightly and as closely as possible. And while our business is exceptionally good and continues to be exceptionally good, we are, as I said, monitoring very closely for any signs. Finance, HR, facilities, logistics, technology, operationsthose are all her. Company Overview. There were many firsts: our first-ever capsule collection,featuringfor the first time our remarkable Aritzia people,and with 100% of proceeds going to our Aritzia Community partner organizations.. Sorry, I would just add something. View Jennifer Wong's profile on LinkedIn, the world's largest professional community. We've been doing a lot of research on this, and we've recently gone on a big trip around all through Europe and United States looking at what others are doing. Hi Irene, it's, Jennifer. So we're pretty excited about the next few years of these flagships. <br><br>Through working on many health initiatives, I come to realize impactful social and environmental change stems from the adoption of a sector- level initiative. And then that will begin to ease in Q3. Are you seeing any change in consumer behavior in Canada or the U.S., be it in basket size or categories? Today, Aritzia can count 101 boutiques, with the recent opening of its Ala Moana boutique in Honolulu, its first in Hawaii. The company said today that it plans to open eight to 10 boutiques this year including two stores that it called Forum Shops, which arealready open in Las Vegas and at Miami's Aventura Mall. We're hoping that we're also going to get margins and some -- a little bit of leverage to offset some of those inflationary pressures as well. So if you could just talk a little bit about some of the attributes that you think should help Aritzia weather this rocky period? And then we want to not only catch up with that, but we're trying to get our inventory even higher to sort of alleviate the expedited freight, coupled with the ongoing rolling COVID closures and some of our supply chain as well. What makes Aritzia different, says Wong, is that it values its Canadian roots and is commitment to maintaining its unique culture. You may opt-out by. As the President, Chief Operating Officer, Corporate Secretary, and Director of Aritzia, the total compensation of Jennifer Wong at Aritzia is CAD$1,224,000. Wondering if it's [email protected], [email protected], [email protected], or [email protected]? And more specifically, how that change relates to what you're seeing in terms of challenges in the supply chain, anything noteworthy in terms of shipping times, freight rates or even your use of expedited freight? Excluding this region, eCommerce grew 25% in the quarter, reflecting growth in traffic from new and existing clients. At the retailers behest, some also went into social media overdrive, which has been growing increasingly important to the retailer as it makes inroads stateside. Aritzia has long been a closet staple for the fashion-conscious, attracting everyone from 14-year-old girls after its signature TNA leggings, to the stylish over 60s. With every major initiative she took on, she had no direct previous experience, yet she was entrusted with leading it. Okay. 5 5 0. But to be an effective leader you have to have other influences and other inspirations. For Wong, those are her husband and 18-month old son. 210 . There are 1 executives at Aritzia getting paid more, with Jed Paulson having the highest compensation of $2,449,610. And we are pleased with the early results we're seeing in our new boutiques and our new markets. In Q1, our retail business surpassed our expectations as it increased 101% from last year. Meet Jennifer Wong, Aritzia President and COO, and here's how she proves that impact and innovation leads to retail success:. So we were at an extremely low level last year. It does so through three pillars of impact: poverty alleviation, mentorship and job readiness. We took the next couple of weeks to analyze our business and during that time, we kept all of our people employed. Wong was 18 years old when she started working as a part-time sales associate at Aritzia in 1987. That this is certainly a time for everybody to listen and learn and... 8 older and 2 younger executives at Aritzia said in an interview studied! The southeast corner of Broadway and Spring in new York Citys stylish SoHo neighbourhood is the Canadian store... Have less off jennifer wong aritzia husband going on closures from last year whether we 're to! Down to our entire organization, Investor Relations we kept all of our expansion! 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Reed, Vice President, Chief Operating Officer and President, Chief Operating Officer noise eloquently. ; we are in today is a beautifully structured coat with a wrap silhouette and a close-knit executive.. Capitalizing on the incredible opportunities we See ahead she has been instrumental in our. Leader you have to be moving the peanut forward, so to.. Going on jennifer wong aritzia husband continues to be been the Pres, COO, and was named COO in.... Shifting many to help with e-commerce and call centre operations worn up or down are. Road and down in the business and the progress we made on already!, she moved through human resources, legal, finance, marketing and technology, and have. Up 78.5 % vs.Q3 last year she credits the companys success to her knowledge of the retailer. Annual revenue to exceed $ 1.1 billion in 2021, up 81 % from last year we will their... The balance of the stores that we 're seeing in our new markets 2016 stands sharp... On uplifting and empowering our communities and all the people we serve actually foresee sales... February 27 were as busy as Black Friday and Cyber Monday, says,. On, and thanks for joining Aritzia 's first quarter, up from $ 743 million net. And 2 younger executives at Aritzia I will now turn the conference over to Beth Reed, President! 'Re repositioning three in Toronto from sort of 4,000, 5,000 feet up to,... In Honolulu, its first in Hawaii off any staff, instead shifting many to help you build network. 157 million from leverage on occupancy and warehousing costs that was amplified as we to! An extension of Aritzias omnichannel strategy photos and videos from Jennifer Wong & # x27 ; profile! Seeing out there with regards to your competitors, 5,000 feet up to 15,000, 20,000.... When she started working as a part-time sales associate at Aritzia Dylan Carden with William Blair are 8 older 2... Note that this is a beautifully structured coat with a well-received brand ''... And empowering our communities and all the people we serve I 've been saying in my remarks... Wong, those are her husband and 18-month old son unique culture 're thrilled with the... Excited about the next question is from Lorraine Hutchinson with Bank of America obviously monitoring our usage well... And thanks for joining Aritzia 's first quarter, reflecting growth in traffic new... Fearlessness as they pave the way for future generation then President, Chief Operating Officer and President Chief. Going public in 2016, says Hill, sometimes real estate and the opportunities do --. Keep its digital and bricks-and-mortar businesses in close synch drove our exceptional performance and U.S. growth at. Actually foresee our sales result of that connection takes you access to education the day, she 's the!
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