Hudson’s Bay Retail Chain to Terminate More Than 8,300 Workers by Sunday
Canada’s oldest retail chain will lay off 89 percent of its workforce by Sunday, when it will conclude its liquidation sale and shutter all stores.
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Latest News & Analysis
How to Prepare for the Toughest Holiday Season Ever
The fashion industry is confronting a fourth quarter that will be like no other as the ongoing pandemic keeps shoppers at home and the economy in flux. What can retailers do?
How to Build the Retail Customer Service Dream Team
Good in-store service is vital to winning back customers and building a lasting brand.
How One Canadian Boutique Is Trying to Beat the Retail Slump
As competitors shut down locations and slash costs, the women’s clothing retailer Aritzia is pursuing an alternate strategy.
Meghan Markle's Aritzia Wardrobe Drives Shares
Shares of the Vancouver-based fashion retailer touched a 52-week high on Thursday.
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Vancouver’s ‘Golden Time’ Unleashing Luxury Boom
An influx of rich Chinese has made the Canadian city, known for its outdoor lifestyle and ability to produce homegrown international brands, increasingly strategic to the global luxury sector.
Aritzia Rises 16% in Toronto Stock Exchange Debut After IPO
Shares of the Vancouver-based retailer jumped to C$18.51 at 9:06 am in trading on alternative markets in Toronto, up from its C$16 IPO price.
Aritzia Raises $400 Million in Canada’s Largest IPO of Year
Canadian women’s fashion retailer Aritzia raised C$400 million in its initial public offering, the nation’s largest IPO since October’s C$1.83 billion sale of electric utility Hydro One Ltd.
Aritzia May Raise Up to C$400 Million in IPO After Upsizing Deal
Aritzia owners lifted the number of subordinated shares being sold to 25 million from 20 million, according to Friday sale documents.
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Aritzia Seeks to Raise About $232 Million in Initial Offering
Aritzia aims to raise about C$300 million ($232 million) from its initial public offering.
Canadian Retailer Aritzia Files for Toronto IPO as Market Thaws
Aritzia, the Canadian women’s fashion retailer, filed for an initial public offering on the Toronto Stock Exchange.
Canadian Retailer Aritzia Said to Hire Banks for IPO This Year
Canadian retailer Aritzia is working with banks to prepare for an initial public offering as soon as this year, according to people familiar with the matter.
Can Aritzia Become as Well Known in the U.S. as in Canada?
"Canadian retailer Aritzia has opened 15 stores in the U.S. since 2007 -- but Americans' awareness of the brand has yet to match its retail
The News in Brief
Crypto-Luxury Brand 9dcc Is Shutting Down
The brand cited headwinds in web3 and softness in the luxury market for its decision in an announcement Tuesday.
Temu-Owner PDD Holdings Misses Quarterly Revenue Estimates
Despite price slashing from retailers and government stimulus measures to boost consumer spending, the e-commerce company's year-on-year net income fell 47 percent.
Swiss Watch Exports Jump in April Ahead of Threatened US Tariffs
Swiss watch exports to the US saw a significant increase in April, driven by a surge in shipments ahead of anticipated tariff hikes.
Italy’s Fashion Brands Sign Accord to Fight Worker Exploitation
Italian legal and political authorities, trade unions and fashion industry parties signed a non-binding action plan focussed on the creation of a database of brands’ suppliers and their workforces, after prosecutors uncovered widespread abuse.
EU Warns Shein of Fines in Consumer Protection Probe
The EU has ordered Shein to address consumer law breaches within one month or face potential fines.
Trump Extends Deadline for 50% Tariffs on EU Goods to July 9
The US president told reporters the decision to push the deadline came after he had a ‘very nice’ phone call with Commission President Ursula von der Leyen.
E.l.f. Beauty Announces $1 Price Hike, Citing Inflation and Tariffs
The mass brand will raise prices in August.