Aritzia Founder Joins Billionaire Ranks Amid U.S. Expansion
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Brian Hill, founder of Canadian fashion retailer Aritzia, has officially become a billionaire as the company’s rapid growth in the U.S. fuels soaring sales. Aritzia’s expansion into major markets like New York City and Chicago has driven its stock to double in value over the past year, pushing Hill’s net worth to $1.1 billion.
The company’s strategy focuses on opening flagship stores in high-profile locations and leveraging social media to attract younger shoppers. These efforts have paid off, with U.S. sales now making up over half of Aritzia’s revenue. Celebrity endorsements and viral trends have further boosted the brand’s popularity.
Hill, who founded Aritzia in 1984, attributes the company’s success to adapting to new trends and building larger stores to meet growing demand. With more U.S. locations planned, Aritzia’s rise shows no signs of slowing, and Hill’s fortune is likely to grow even further.