We round out our selection with pieces from brands we love ones who obsess about craftsmanship and design as much as wedo. The company offers its products under the Wilfred, Babaton and TNA brands. Learn more about us and our exclusive brands. See, Click to View our Accessibility Statement. Brian Hill is a Canadian entrepreneur and the founder and Executive Chair of Vancouver-based clothing company Aritzia. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Comments may take up to an hour for moderation before appearing on the site. Insider info on sales, new arrivals and more good stuff. [1] After the opening of its first location in 1984, the company has grown steadily in its thirty years of operation, servicing a demographic of young women and employing more than 2,300 staff. Just Dropped: Episode 1 of Sunday Musing with Emma. Brian Hill is a founder and the CEO of the vertically integrated, innovative design house of exclusive brands, Aritzia. 604-215-6557 Aritzia CEO Brian Hill steps down after leading retailer for 38 years | CBC News Loaded. No credit card required. There was an error, please provide a valid email address. Read more about cookies here. There is great gratification in that. Hill has been aligned with the fashion retail business since birth. As a result of a review by the consulting firm Mercer, Hillhas also resumed collecting compensation as the CEO. In addition, Mr. Hill holds 220,913 options to acquire subordinate voting shares (each an Option). We sweat the small stuff. It's why we consider (and reconsider) every last seam, pleat and button. A lot of people thought we did it because we wanted better margins, and as it turns out we do get better margins. May 13, 2021. Just Dropped: Episode 1 of Sunday Musing with Emma. Former CEO of Mountain Equipment Co-operative ("MEC") Director. The company went public in October 2016 and has primarily sold in-house brands like Wilfred, TNA, Babaton and Sunday Best since. Mr. Hill, through entities owned and/or controlled, directly or indirectly, by him or by him and his immediate family, including AHI Holdings Inc., Sven Holdings Inc. and the ARON Charitable Foundation (the Hill Entities), currently holds 770,700 subordinate voting shares and 24,207,349 multiple voting shares representing an equity interest of approximately 22.7% and a voting interest of approximately 74.1%, in each case, on a non-diluted basis. The change in leadership comes as Aritzia continues its expansion into the US. Hill claimed that he saw a gap in the market, which he intended to fill, lying somewhere between luxury clothing retailers for young women and trendy retailers for young girls. The Vancouver-based company, which went public . Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Aritzia CommunityTM is committed to supporting organizations that help women and girls succeed at work and in life and mental wellbeing. [2] Nearing the end of the 1990s, Aritzia was expanded nationally, and then in 2005, it was expanded internationally to establish boutiques in the United States. Should traffic fines in B.C. . Once upon a time, the Hill family started a little thing called Aritzia inside their 70-year-old department store in Vancouver,Canada. "It also ensures further alignment of Mr. Hills interests to those of our shareholders, while being designed to reward substantial and sustained stock price growth.". Following his graduation from high school, attended the commerce program at Queen's University. "2008 Entrepreneur of the Year: Brian Hill | BC Business", "CEO Talk | Brian Hill, Chief Executive Officer, Aritzia", "Aritzia CEO fashions family business into international success: CEO Series | Beedie Newsroom", "Why Brian Hill and Andrea Thomas Hill give back | BC Business", "Board of Directors | Cause We Care Foundation", https://en.wikipedia.org/w/index.php?title=Brian_Hill_(businessman)&oldid=1124817554, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 30 November 2022, at 17:29. Following closing of the Offering (assuming no exercise of the over-allotment option), the Hill Entities will hold no subordinate voting shares and 21,937,349 multiple voting shares representing an equity interest of approximately 19.9%, and a voting interest of approximately 71.3%, in each case, on a non-diluted basis. Brian Hill is a descendant of the founder of the Hill's of Kerrisdale clothing shop. David Labistour. Follow us on Spotify to hear what we'replaying. I am grateful to our team members for their hard work and dedication, which continues to propel us forward at a phenomenal pace, Hill said. Wong got her start as a part-time sales associate in 1987. Please turn it on so that you can experience the full capabilities of this site. According to BC business, young Hill spent his days sorting hangers and washing windows at the store while learning about business from his father. Its a far cry from the upscale department store environment in which Hill got his start, but its a world he knows well. Under his leadership, we have opened 87 retail boutiques in key markets in Canada and the U.S., in addition to developing and launching our eCommerce business. For more information: Pursuant to the Offering, the Selling Shareholders will be selling a total of 3,040,700 Shares (assuming no exercise of the over-allotment option). Nina Westervelt | Bloomberg | Getty Images. Its turned out to be one of the most influential purchasing and affluent demographics. There is something cagey about Hill. In addition, it sells its products through online at aritzia.com. Hill will remain Aritzias largest shareholder with approximately 20% equity interest and 71% voting power. The oldest executive at Aritzia, Inc. is AldoBensadoun, 79, who is the Independent Director. Story continues below This advertisement has not loaded yet, but your article continues below. All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com Aritzia marketing calls and texts may use an automatic telephone dialing system. TEAMWORKIndividually we are great, together we are exceptional. "This approach aligns with the next phase of our companys growth," the document states. Message frequency varies. There is no better time and no one better to lead Aritzia into the future than Jennifer Wong, Hill said in the news release of Wong, who previously held the position of president and chief operating officer at the company. 27. place. Box 500 Station A Toronto, ON Canada, M5W 1E6. [3] American cities with Aritzia locations include Seattle, San Francisco, Los Angeles, Chicago, Boston and New York. It's why we search out the best mills and factories around the world. The company's fourth-quarter net revenue increased by 66.1 per cent, compared to . All emails will be sent by United States of Aritzia Inc. | 611 Alexander Street | Vancouver, BC | V6A 1E1 | Aritzia.com. daughter of the late Michael . Brian Hill sells shares for estate planning, investment diversifica He learned about the retail business under the mentorship of his father, Jim, and uncle, Forbes Hill. Your browser's Javascript functionality is turned off. We like getting to know you. We fill our boutiques with original paintings, sculpture and prints. Accordingly, the Shares may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws. Remains Aritzias largest shareholder with approximately 20% equity interest, NOT FOR DISTRIBUTION IN THE UNITED STATES. When Brian Hill opened the first standalone boutique in 1984, the idea was simple: offer beautiful clothes . [5] Aritzia is a sponsor and advocate of the organization. I walked into Starbucks laughing like a goofball around 9:40 am, you were sitting by the door Facebook comments not loading? The idea was simple: offer beautiful clothes in aspirational spaces with exceptional service. We encountered an issue signing you up. Hill is selling shares for estate planning, investment diversification and charitable giving purposes. John Montalbano. It's why we consider (and reconsider) every last seam, pleat and button. Hill no longer holds any subordinate voting shares directly or indirectly and owns 21,937,340 multiple voting shares, which are valued at $771.1 million. They've rocketed up 40 percent from the start of this year. Please confirm your subscription. The leadership change comes as the Vancouver-based company is expanding into the United States. If you don't see it, please check your junk folder. In 1984, Brian Hill opened the first standalone Aritzia boutique in Oakridge Centre an upscale shopping mall in his hometown. The Vancouver clothing retailer's stock is up 40 percent since the start of the year. The idea was simple: offer beautiful clothes in aspirational spaces with exceptionalservice. A love of art runs deep at Aritzia. Aritzia today also released fourth-quarter and fiscal 2022 financial data, for the period that ended February 27. To date, weve contributed more than $40 million in product donations, financial support and volunteer hours to non-profits and Aritzia CommunityTM partners that share our values. Thank you for your patience as we work towards bringing this back. I am incredibly proud of the Aritzia teams execution on our strategies and remarkable resilience during this past year. Or call us anytime to get styling help, to track down an item or just to sayhi. A copy of the Early Warning Report will be filed under Aritzias profile on the System for Electronic Document Analysis and Retrieval (SEDAR) and further information and/or a copy of the Early Warning Report may be obtained by contacting David Pfeifer at (604) 404-0443. Please try again. A Vancouver native, she had planned to pursue finance upon graduating, but Aritzia's CEO, Brian Hill, had other ideas. Under his leadership, Aritzia has become one of the most successful fashion retailers in North America. He also forfeited stock options in recent years to help the company thrive. Listing: All of the 2008 EOY winnersBrian Hill accepts the award Brian Hill, interviewed, Though his day-to-day involvement with the company is primarily focused on the expansion of Aritzia, Hill waxes maudlin about his origins in the fashion industry. Celebrities like Jennifer Lopez and Camila Mendes have sported the fashion brand. Hills annual base salary and annual bonus have been set $1 each since the IPO. Hill owned 24,207,349 multiple voting shares and 770,700 subordinate voting shares, according to Aritzia's most recent management information circular issued on May 20. Who we are is reflected in our values. As of this writing, the shares are trading at $35.10. We don't do cookie-cutter. Now, a public Company and household name with over 100 stores across North America and a global eCommerce platform, Aritzia continues to serve Everyday Luxury to communities near andfar. Receive direct access to our top content, contests and perks. Yet Hill is still on the verge of becoming a billionaire, based on the value of hisshares. The idea was simple: offer beautiful clothes in aspirational spaces with exceptionalservice. The Vancouver-based company says that Hill will transition to the executive chair on May 21, and current president and chief operating officer Jennifer Wong will take over as CEO. The Vancouver-based company, which went public in 2016, says president and chief operating officer Jennifer Wong will step into the CEO role, while Hill will stay on as executive chair of the board. All Rights Reserved. In 1984, Brian Hill opened the first standalone Aritzia boutique in Oakridge Centre an upscale shopping mall in his hometown. VANCOUVER - Aritzia Inc. says founder and chief executive Brian Hill is stepping down from the role after leading the clothing retailer for 38 years. Formerly backed by Berkshire Partners, Aritzia completed its $400 million IPO on TSX in October 2016 by way of a secondary offering by Berkshire and Hill at $16 per share. The son of Jim Hill, who started (and still runs) Hills of Kerrisdale, Brian spent his youth sorting hangers, washing windows and absorbing his dads business tutelage. Brian Hill sells shares for estate planning, investment diversification and charitable giving purposes. [2] Upon graduation, Hill moved back home to Vancouver. We apologize, but this video has failed to load. Aritzia Inc. founder Brian Hill caused a ripple in his company's share price on Tuesday after the company's chairman and former CEO announced that he was selling $70 million in shares. Shoppers exit an Aritzia store in the SoHo neighborhood of New York, Oct. 24, 2021. With a game plan that includes the creation of eight to 12 new stores annually, and revenue of $170 million this year alone, Hill has become a master of the successful retail environment. The growth is attributed largely to the companys further expansion in the U.S. with retail stores, along with ecommerce growth. Opt to get texts or calls with insider info, offers, invites and other fun surprises from Aritzia through your phone number below. A few decades later, that idea hasn't changed. The first, of course, is Lululemon. CREATIVITYCreativity is at the core of everything we do. When search suggestions are available use up and down arrows to review and enter to select. Got a confidential news tip? Capitalizing on the lacklustre fashion retail landscape of the times, he began targeting the emerging teen and young adult market an affluent demographic that had little on which to spend its disposable income. Hill will continue in a new role of executive chair, focusing on product, marketing, real estate and business development, according to the release. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. [4] Despite this obstacle, Aritzia has expanded to 105 locations across North America as of Nov. 28, 2021. Aritzia Inc. says founder and chief executive Brian Hill is stepping down from the role after leading the clothing retailer for 38 years. CPE News (5/13/2021) Aritzia Inc. (TSX: ATZ) announced today that that certain entities owned and/or controlled, directly or indirectly, by Brian Hill, founder, CEO & Chairman of Aritzia, have entered into an agreement with CIBC Capital Markets for a bought deal secondary offering of 3,040,700 subordinate voting shares at an offering price of $30.00 per share for total gross proceeds to the selling shareholder of $91,221,000. To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Brian Hill sells shares for estate planning, investment diversification and charitable giving purposes Remains Aritzia's largest shareholder with approximately 20% equity interest NOT FOR DISTRIBUTION IN THE UNITED STATES VANCOUVER, British Columbia, May 13, 2021 (GLOBE NEWSWIRE) -- Aritzia Inc. ("Aritzia" or the "Company") (TSX: ATZ), a vertically integrated, innovative design house of . (It's kind of why we're here.). Wong joined Aritzia as a sales associate in 1987, working at the brands boutique on Robson Street. NOT FOR DISTRIBUTION IN THE UNITED STATES. Please check your browser settings to ensure that it is not blocking Facebook from running on straight.com. (It's kind of why we're here.). Principal of Tower Beach Capital Ltd., Former CEO of RBC Global Asset Management. The company was formerly known as Aritzia Capital Corporation and changed its name to Aritzia Inc. in August 2016. Hill and his family founded Aritzia in 1984, while Wong started at the company in 1987 as a part-time sales associate. Data is a real-time snapshot *Data is delayed at least 15 minutes. These days, Brian Hill doesnt spend much time on the floor of any of his Aritzia clothing stores, which he leaves in the hands of some 1,131 employees. The management information circular states that he also has more than $2.5 million in the value of unexercised stock options. Not the Brian Hill you were looking for? Founder and Executive Chair of Aritzia. Start your day with Sunrise, a roundup of B.C. Founder of Aritzia, Inc. and Aritzia LP, Brian Hill holds the position of Executive Chairman for Aritzia, Inc. and Chief Executive Officer for Aritzia LP (a subsidiary of Aritzia, Inc.). Upon entering an Aritzia-owned store its easy to get swept away in the electric vibe. As climate change drives ever-worse wildfires in B.C., land is left unable to withstand heavy rains and snowmelts. The multiple voting shares will represent approximately 100.0% of the outstanding multiple voting shares. Brian Hill, president and CEO, Aritzia LP These days, Brian Hill doesn't spend much time on the floor of any of his Aritzia clothing stores, which he leaves in the hands of some 1,131 employees. Prior to that, he was the news editor. We conceive, create, develop and retail fashion brands, each with its own vision and distinct aesthetic point of view and all with a depth of design and quality that provide compelling value. We are creators and purveyors of Everyday Luxury, home to an extensive portfolio of exclusive brands for every function and individualaesthetic. Brian Hill, founder and CEO of Aritzia, joins BNN Bloomberg to talk about the company's third quarter, which saw online sales surge, as well as the impact of recent lockdowns in Ontario and Quebec. Brian Hill is 58, he's been the Chairman of the Board and Chief Executive Officer of Aritzia since . Brian Hill Email Address Found 2 email address listings: @aritzia.com @gmail.com Brian Hill Phone Number Found 2 phone numbers: 604251XXXX 604215XXXX View Brian's Email & Phone (It's Free) 5 free lookups per month. Aritzia executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. From high school, attended the commerce program at Queen 's University resilience during past! With approximately 20 % equity interest and 71 % voting power this past year of people thought did. Privacy Policy goofball around 9:40 am, you agree to our top,. Environment in which Hill got his start, but your article continues below us. This past year, '' the document states life and mental wellbeing Toronto, on,... 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