Aritzia Inc - ATZAF stock
OTC Symbol: ATZAF | OTC Tier: Pink Current
Description[edit]
Aritzia Inc., along with its subsidiaries, is a fashion company operating in the United States and Canada, specializing in designing and selling women's apparel and accessories. Their product range includes t-shirts, sweaters, blouses, jackets, dresses, pants, denim, leggings, shorts, swimwear, accessories like hats, bags, and scarves, as well as shoes, available under various brand names such as Wilfred, Babaton, Tna, Sunday Best, and Denim Forum. The company was originally known as Aritzia Capital Corporation and later changed its name to Aritzia Inc. in August 2016. Founded in 1984, Aritzia Inc. is headquartered in Vancouver, Canada.[1]
History[edit]
Aritzia Inc. was founded in 1984 in Vancouver, Canada, by Brian Hill. The company was established with a vision to create a fashion-forward and innovative women's apparel brand that would offer high-quality clothing and accessories to its customers.[2] Mr. Hill aimed to provide a unique shopping experience for women by combining trendsetting designs, excellent customer service, and a carefully curated selection of clothing and accessories. The brand's name, "Aritzia," is derived from the Spanish word "aritz" which means "bold and strong."[3]
In the early years, Aritzia focused on selling its own private-label designs in its retail stores, which quickly gained popularity among young women seeking stylish and contemporary fashion choices. Over time, Aritzia expanded its offerings to include a mix of in-house designs and carefully curated selections from other renowned fashion brands. This approach allowed the company to cater to a broader audience and offer a diverse range of styles and products. Aritzia's dedication to fashion innovation, along with its commitment to providing an exceptional shopping experience, helped the brand grow steadily and gain a loyal customer base.[2]
Their first boutique in the United States opened in 2007. In 2012, Aritzia launched its e-commerce platform, enabling customers to shop for their favorite styles online and further expanding its reach beyond physical store locations. The company's emphasis on creating a strong brand identity, understanding customer preferences, and staying ahead of fashion trends has been pivotal to its success in the competitive fashion industry.[2]
Brands[edit]
Aritzia offers a variety of brands in what they refer to as the 'Everyday Luxury' segment. These brands include:[4]
- wilfred
- wilfred free
- SUPER WORLD
- Reigning Champ
- BABATON
- TEN by BABATON
- The Group BABATON
- Sunday Best
- TNA
- TnAction
- Denim Forum
Distribution[edit]
Aritzia products are available in 115 boutiques in Canada and the United States. In addition, the ecommerce site ships to over 200 countries around the world.[4]
Financial Performance[edit]
Financial performance for Artizia:[5]
| Year Ending | Total Revenue | Net Income | Earnings per Share | Total Liabilites | Cash Balance |
|---|---|---|---|---|---|
| 2/28/2023 | $2,195,630,000 | $187,588,000 | $1.70 | $1,150,756,000 | $86,510,000 |
| 2/28/2022 | $1,494,630,000 | $156,917,000 | $1.42 | $893,775,000 | $265,245,000 |
| 2/28/2021 | $857,323,000 | $19,227,000 | $0.18 | $780,474,000 | $149,147,000 |
| 2/29/2020 | $980,589,000 | $90,594,000 | $0.84 | $704,650,000 | $117,750,000 |
- ↑ Yahoo Finance. ATZAF Stock Profile. Retrieved on 7/31/2023.
- ↑ 2.0 2.1 2.2 Aritzia.com. Our History. Retrieved on 7/31/2023.
- ↑ Wikipedia. Brian Hill (businessman). Retrieved on 7/31/2023.
- ↑ 4.0 4.1 aritzia.com. Investor Presentation. July 2023.
- ↑ Yahoo Finance. ATZAF Stock Financial Performance. Retrieved on 8/13/2023.
