Aritzia is hoping to change this with an aggressive U.S. expansion plan, which it hopes will insulate the company from the same fate as its Canadian counterparts that were unable to grow their way out of an inevitable decline.
Aritzia Inc. (TSX:ATZ) has fallen a fair amount since its IPO late last year. The company is in the general fashion industry, which is incredibly cyclical, and could face a very tough time during the next economic downturn.
Aritzia Inc. (TSX:ATZ) has been a tough stock to own for investors that jumped in shortly after the IPO last year. The stock is now down approximately 20% from its high, and the negative momentum has turned it into a falling knife.