Canadian Retailer Aritzia Files for Toronto IPO as Market Thaws

Aritzia LP, the Canadian women’s fashion retailer, filed for an initial public offering on the Toronto Stock Exchange.

Private equity backer Berkshire Partners LLC will sell shares in the IPO, as will Aritzia founder and Chief Executive Officer Brian Hill, the company said in a filing Wednesday. The company will not receive any proceeds from the sale of the subordinate voting shares, according to the filing, which did not say how much the IPO planned to raise.