We're not even convinced at this point in time, we're going to offer intimates and swim in our stores. In addition, our retail revenue in the first quarter was $288 million, an increase of 101%. Find other Emails now. And so we do see things returning to normal at some point over the course of this year and into next year. She was recognized as one of Canadas Top 40 Under 40 (2008). Yes, I'll take that. Our business model continues to enable us to provide our clients with beautiful products for all aspects of their life. Five years ago, she also became president. She describes her job as whatever Brian wants to do, wherever he wants to go with this businessI make it happen, quickly adding, with the team. MacLeod is more effusive. Well, maybe I'll answer that. So it's -- we feel extremely comfortable with where we're at right now. The oldest executive at Aritzia, Inc. is AldoBensadoun, 79, who is the Independent Director. I don't know if the boutiques themselves and the quantity is changing. . And I know, Brian, you gave some color around the fact that these category extensions may not be needle movers. 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. And presently, we're not looking at -- we're looking at promoting our swim and things in our stores, for sure, intimates as well. We're going to see that inflationary pressure on the products coming in. Before that she was vice-president of support operations, manager of a shoe department and astore's assistant manager. Ordering Dr. Martens directly from the factory in England, she recalls, made Aritzia one of only five retailers in Canada to do so. So we've seen the mix of what we're selling has changed dramatically, but the actual uptake has not changed whatsoever as Jennifer mentioned. Yes, we're going to have a bit more food and beverage than we've had in the past because we think the experience for the customer, that's important. Its critical to note that this is merely the beginning the brand knows it has a lot of work ahead. But management persevered because Wongs analysis showed it was the right long-term decision, strategically, she says. And these new categories are looking down the road and down in the future as we continue to expand. It was also the year that Vancouver native Jennifer Wong started working at clothing retailer Aritzia. Super Puffs immersive pop-up environments, called Super Worlds, were developed by Aritzias creative team and Willo Perron, the designer credited with Drakes flyingFerrariand Jay Zs 4:44 album, among other projects. This will be our largest boutique yet at 45,000 square feet and bring Everyday Luxury to life in a whole new way. As such, we expect net revenue for the second quarter to be in the range of $440 million to $460 million, representing an increase of approximately 26% to 31% compared to last year. involvement of Jennifer Wong. "It sounds like they've made a really good decision overall, in terms of picking someone loyal to the company, tocontinue to move itforward," said retail analyst and Retail Insider Media owner Craig Patterson. 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. Education Thanks for that. My gig here is to build the infrastructure to enable our growth, says Wong. Aritzias digital concierge platform helps staff serve as personal stylists, giving them access to records of customers' preferences and enabling marketing personalization. Despite its linear path, her professional development has been anything but stagnant. "I hadn't even finished my last year exams," Wong explains, her role evolving to key holder and then assistant store manager while she was still studying economics at the University of British Columbia. ); The efforts have paid dividends. (Super World LA is slated to open later this year.). Get Aritzia Inc. financial information by email. And even our largest stores can only hold 50% of our product at this point in time. 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. jennifer wong aritzia husbandhomeware store manchester jennifer wong aritzia husband. I've been into some of our stores in the last sort of four, five weeks, both in Manhattan and Chicago and other places and seeing lineups at the fitting rooms, seeing lineups at the cash registers, seeing lineups even in some cases to get into our stores. The pale wood desk in her office is so clean it seems to have been staged for a photo shoot, but she insists it always looks this way. Brian is the creative genius behind the brands and how they go to market, and Jennifer is a phenomenal operator. Company Overview. When Brian Hill opened the first standalone boutique in 1984, the idea was simple: offer beautiful clothes in aspirational spaces with exceptional service. We are a company of people who are self-motivated to be well-informed and connected, says Wong. 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. >> Rocketreach finds email, phone & social media for 450M+ professionals. 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. As the Pres, COO, and Corp. Sec. Additionally, Jennifer Wong has had 1 past job as the Vice President / Vice President Support Operations at Aritzia. 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.. So there's a lot of moving parts here on the product, and I'm quite involved on a daily basis and were there just a lot of puts and takes and it will be pretty -- it's pretty hard to determine right now where this whole thing is going to shake out as far as -- and how that's going to affect gross margin over above the areas that Todd has outlined. So I see this being obviously some opportunities for new categories, but at the same time, we just don't think our stores are doing -- our size of our stores are doing our customers and Aritzia just as at this point in time. The arrival of the fall lines is something of a relief, given the spring and summer seasons were largely cancelled by the pandemic. I think it's starting with last year is probably the right place to start when you look at the year-over-year growth. Some information may no longer be current. Her first big success was managing the Dr. Martens craze, working directly with the British factories to keep the iconic boots in stock. Our boutiques and the progress we made on our geographic expansion drove our exceptional performance and U.S. growth. On the call today, I'm joined by Jennifer Wong, our Chief Executive Officer; Todd Ingledew, our Chief Financial Officer; and Brian Hill, our Founder and Executive Chair. The opportunity to build a lifelong style journey with clients makes each new customer more valuable to Aritzia than to competitors that have a more narrow demographic focus. It 38 years at the helm of the clothing chain, the founder of Aritzia steps down as CEO. We learn, we refine, we continue to make changes, Wong shares. So we started, in Q3, spending significantly on expedited freight last year. Get Jennifer Wong's email address (j*****@aritzia.com) and phone number (604-805-..) at RocketReach. With that, I'll now turn the call back to Jennifer. Hello! What's going to drive our sales and continue to -- what's been driving our sales and will continue to drive our sales are us executing on what we do every day. Jennifer Wong has 3 current jobs including CEO at Aritzia, President & Chief Operating Officer at Aritzia, and COO at Aritzia. So, thank you. The board was against it, pointing out that Lululemon across the street had done a similar technological transformation at half the cost. Jennifer Wong, COO and president at Aritzia, Photo Credit: Evaan - https://evaan.com. Thats my game, and this was the ultimate stress test, says Wong. Terms and conditions | Copyright Business in Vancouver. 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. What makes Aritzia different, says Wong, is that it values its Canadian roots and is commitment to maintaining its unique culture. 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. That said, we are cognizant of sort of some potentially pending inflationary effects that are going to affect everybody and how much that affects us is yet to be seen, but we are cognizant of that. I am truly privileged to have the opportunity to lead them. a terrific start to the year. It didnt lay off any staff, instead shifting many to help with e-commerce and call centre operations. 11_20_cover_final.indd 1 2020-10-09 2:24 pm mba mba with co-op accelerated mba. Good afternoon, everyone, and thank you for joining us today. 2,088 records for Jennifer Wong. Todd and I will share some prepared remarks, and Brian will join us for the Q&A. I'm Leeza (she/her). The Wilfred Cocoon Coat Long is a long wool-cashmere coat. The campaign features Canadian models (and mothers) Tasha Tilberg and Janice Alida photographed with their children. Just wanted to get your overall thoughts on where we are -- where your customer is and how they're feeling? There's always something going on, and I'm always on my BlackBerry. So as I've been saying in my prepared remarks, we have a long-term view of the business. Excluding this region, eCommerce grew 25% in the quarter, reflecting growth in traffic from new and existing clients. How much relates to the closures last year expedited freight? One of the amusements of Zoom-enabled remote working has been the chance to peek inside the private lives of colleagues: a bold wallpaper choice here, a child barging in there. If I dont feel forward motion, Im less happy.. She studied English at Oxford University and earned an MA in creative writing at the University of East Anglia. This article was published more than 13 years ago. The growth of my career at Aritzia has matched my own personal career aspirations, says Wong, who upon graduating college in 1991 was offered a position managing the companys shoe division. In Q1, we reached the 50 people milestone on our data and analytics team. It offers t-shirts, tops, bodysuits, shirts, blouses, sweaters, knitwear, sweatsuits, pants, denims, leggings, bike shorts, dresses, skirts, jackets, blazers, jackets, coats, shoes, and accessories, including hats, socks, face masks, intimates, gloves and mittens, belts, scarves, scrunchies, bags, and iphone cases. Our business in the United States accounted for 51% of net revenue in the first quarter compared to 46% last year. Aritzia is the name on the door, Wong explains, but there is no Aritzia on the labels. Today the three main labels are Babaton, youthful TNA, and breezy Wilfred, with various sub-brands and offshoots such as handbag lines and denim. 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. In the past Ms. Wong was Senior Research Analyst at DJ Carmichael Pty Ltd. Ms. Wong received an undergraduate degree from the University of British Columbia. I noticed you mentioned it was sort of proven sellers, but how much of that is new category extensions? Around the time of the IPO, Wong recalls a TV commentator opining that there was nothing special about its business model; it was just a good executer. We are focused on driving long-term lasting growth through our strategic initiatives and as always, investing in the infrastructure required to scale for years to come. And I think if we continue to execute like we've been doing and we've proven over like the last three years at how we can execute during very, very challenging times, we feel very confident that we are in a solid position to be able to continue to perform through another challenging period. In Canada, we grew by 52% with outstanding comparable sales growth and the benefit of reopened boutiques in Eastern Canada. Jennifer Wong, who began her career at Aritzia as a . 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. So we're seeing it as an opportunity. He points out that Winners is the No. Meaghen, I'll take that one. The size of Michigan is related to the success of our larger stores in Canada and the U.S. We have a 20,000 square foot store in Toronto that's exceeding our expectations. 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. This. As a fashion brand that is leading with empathy, action and innovation, and an optimistic story in the retail landscape, Aritzia is experiencing success by doubling down on a formula that is working. It offers t-shirts, tops, bodysuits, shirts, blouses, sweaters, knitwear, sweatsuits, pants, denims, leggings, bike shorts, dresses, skirts, jackets, blazers, jackets, coats, shoes, and accessories, including hats, socks, face masks, intimates, gloves and mittens, belts, scarves, scrunchies, bags, and iphone cases. We took the next couple of weeks to analyze our business and during that time, we kept all of our people employed. And of course, I thank you to our clients and shareholders for their enduring loyalty as we chart our path forward on this incredibly exciting road ahead. <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. Aritzia Inc. (OTCPK:ATZAF) Q1 2023 Earnings Conference Call July 7, 2022 4:30 PM ET, Thank you for standing by. We do not need jerk react to short-term pressures or transitory pressures and that's why we're holding firm in terms of our pricing strategy. But generally speaking, we changed the size of the stores that we're actually communicating to the landlords that we're after. 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. The only thing we've seen changing is the product they're purchasing based on the sort of changing face in realities of COVID and opening things up and travel and things. And then I just wanted to ask about, Jennifer, you mentioned the intimates launch that seems like it's intertwined with the Michigan Avenue flagship opening. And if I could just add something there. In Q1, we were lapping two months of closures versus one month in Q2. 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. So these aren't just flagship footprint increases. 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. She became COO in 2007. The success of our geographic expansion strategy builds on our already flourishing boutique portfolio and positions Aritzia for continued growth into the future. So we've seen some of the product that during COVID was not really registering with clients. Help alpacas suffering right now by urging Aritzia to ban alpaca fleece! Wongs impressive advancement can be attributed to a potent combination of commitment, ambition and her innate business acumen; forget dollhouses, as a child Wong was more interested in playing business on her toy IBM typewriter. So we were at an extremely low level last year. They will require some capital, but we actually foresee our sales increasing. 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