Toronto Archive

Aritzia Rises 16% in Toronto Stock Exchange Debut After IPO

TORONTO, Canada — Aritzia Inc., the Canadian women’s fashion retailer, rose 16 percent in its trading debut after raising C$400 million ($306 million) in its initial public offering. Shares of the Vancouver-based retailer jumped to C$18.51 at 9:06 am in trading on alternative markets in Toronto, up from its C$16 IPO price. Company founder Brian Hill and Boston-based private equity firm Berkshire Partners sold 25 …

Under Armour Drops Sponsorship of Wife of Hunter Who Speared Bear

TORONTO, Canada —  Under Armour Inc, the athletic clothing company, has ended its sponsorship of the wife and hunting companion of a U.S. hunter who sparked outrage over a video showing him killing a bear with a spear in the woods of Alberta in western Canada. The video, which shows Josh Bowmar impaling the animal with a spear with a camera attached to it, prompted …