Aritzia’s US Expansion Builds Billion-Dollar Fortune for Founder

Canadian fashion retailer Aritzia Inc. is rapidly growing its US footprint thanks to a well-timed bet on prime real estate. That gamble is paying off for both the business and its founder.

The 40-year-old company launched a new flagship store in New York’s trendy Soho neighborhood last month and another on Chicago’s Magnificent Mile on Nov. 30. It has more locations planned for Fifth Avenue and the Flatiron District in the coming months.

The openings are part of a broader expansion that’s seen Vancouver-based Aritzia add 20 US locations since fiscal 2022, boosting its store count in the country by ...