US EditionAritzia shifts some supply from China amid U.S. tariffs, CEO says - National
- Aritzia, a Vancouver-based apparel company, reported a strong quarterly performance ending March 2, 2025, with U.S. Net revenue reaching $548 million and net income soaring to $99.6 million.
- The company is shifting some production away from China, reducing its share from 25 to 20 percent for the upcoming season, partly driven by U.S. tariffs and a decade-long diversification plan.
- Aritzia plans to rely more on long-standing partners across 12 countries, including Vietnam and Cambodia, while continuing expansion into the U.S. With boutique openings in five new markets this year.
- CEO Jennifer Wong emphasized that the company is fully embracing the concept of diversification in every aspect of its strategy and noted that the circumstances remain constantly changing.
- The strong results, marked by retail revenue growth of 24 percent and a more than fourfold net income increase year-over-year, suggest that Aritzia's strategic shifts and investments have improved financial resilience.
13 Articles
13 Articles
Aritzia plans to move some of its production away from China amid tariff threats
The Vancouver-based apparel company said Thursday that the Asian nation is one of the top three countries it relies on to make its clothing. They plan to cut Chinese production to about 20 per cent for the fall-winter season, before reducing their reliance on China even further by next spring.
Aritzia Diversifying Away From China as Tariff Tensions Continue: CEO
Aritzia Inc. says it is shifting some of its supply chain away from China, which has been hammered with triple-digit tariffs from the United States. The Vancouver-based apparel company said Thursday that the Asian nation is one of the top three countries it relies on to make its clothing, but it intends to cut its China production from 25 to 20 percent for its upcoming fall-winter season. Its reliance on China will fall even further by next spri…
Aritzia shifts some supply from China amid U.S. tariffs, CEO says - National #CDN #News #Canada
Aritzia Inc. says it is shifting some of its supply chain away from China, which has been hammered with triple-digit tariffs from the United States. The Vancouver-based apparel company said Thursday that the Asian nation is one of the top three countries it relies on to make its clothing, but it intends to cut its China production from 25 to 20 per cent for its upcoming fall-winter season. Its reliance on China will fall even further by next spr…
Aritzia Posts Blowout Quarter, but U.S. Tariffs Weigh on Future Outlook
Aritzia outperformed in Q4 with 31% sales growth and 144% EPS gain, though U.S. tariffs are expected to pressure margins and dampen FY2026 guidance. The post Aritzia Posts Blowout Quarter, but U.S. Tariffs Weigh on Future Outlook appeared first on Retail Insider.
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