The Globe and Mail·3 min read·medium
Aritzia’s profits more than double in first quarter on strength of seasonal offerings
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Susan Krashinsky Robertson✦AI Summary
Canadian retailer Aritzia reported a significant increase in first-quarter profits, driven by strong sales in both Canada and the United States. The company plans to continue its expansion in the U.S. market while maintaining a balance between new trends and core products.
Sales grew faster in the U.S. for Aritzia, but Canadian net revenue still increased by 25 per cent. The Globe and Mail
businesseconomy
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