Urban Outfitters news and archive

Urban Outfitters expands in Spain with new Valencia store

Madrid – Following a post-pandemic restructuring of its international operations, which included the closure of its Anthropologie store in Barcelona, US fashion giant Urban Outfitters is embarking on a new phase of growth in Spain. The company is opening its fourth Spanish store—and its first in the Valencian Community—in Valencia. After initial...

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Free People boosts Urban Outfitters results in first half

American fashion group Urban Outfitters, Inc. (UO) saw increases in both revenue and profit in the first half of the year. UO is the parent company of retailers Anthropologie and Urban Outfitters, fashion brand Free People and clothing rental company Nuuly. The group's revenue rose by 11 percent in the first six months. This resulted in record...

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Video: Urban Outfitters holiday campaign

In this video, Urban Outfitters has released its holiday campaign video. Watch the video below. Video: Urban Outfitters Television via YouTube Photo credit: Image: Urban Outfitters Television via YouTube

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Urban Outfitters' sales and earnings increase compared to Q1 2019

Total Urban Outfitters net sales for the three months ended April 30, 2021, were 927 million dollars, up 7.3 percent compared to the three months ended April 30, 2019 and increased 57.6 percent compared to the three months ended April 30, 2020. Net income for the three months ended April 30, 2021 was 54 million dollars and earnings per diluted...

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Urban Outfitters to address commercial textile waste with FabScrap

Urban Outfitters, Inc. are partnering with FabScrap to reduce the fashion industry’s impact on the planet by helping the organisation expand with a working capital grant. The retail group started working with FabScrap in 2019 as part of its efforts to reduce waste in its supply chain. The non-profit helped Urban Outfitters, Inc. to recycle...

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Tricia Smith replaces Hillary Super as Anthropologie Group CEO

Urban Outfitters, Inc. (URBN) has announced a personnel change at the Anthropologie Group. The company said in a release that Hillary Super has stepped down as global chief executive officer. Beginning today, the company added, Tricia D. Smith, has replaced Super as the new global CEO. “We are pleased to welcome Tricia into the URBN family,”...

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Urban Outfitters Q4 sales decline by 6.9 percent

Total company net sales at Urban Outfitters, for the three months ended January 31, 2021, decreased 6.9 percent over the same period last year to 1.09 billion dollars. The company said, comparable retail segment net sales decreased 7 percent due to negative retail store net sales as stronger conversion rates could not offset the reduced store...

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Urban Outfitters announces disappointing holiday sales, group CEO departure

Urban Outfitters, Inc. reported total company net sales for the two months ended December 31, 2020, decreased 8.4 percent over the same period last year, while comparable retail segment net sales decreased 9 percent due to negative retail store net sales. The company said in a statement that stronger conversion rates could not offset the reduced...

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Urban Outfitters promotes Melanie Marein-Efron to CFO

Urban Outfitters, Inc. (URBN) has announced the promotion of Melanie Marein-Efron, the company’s executive director of corporate development and finance to Chief Financial Officer, effective December 2, 2020. “I am pleased to announce Melanie’s promotion to be our new chief financial officer, and I welcome her to our executive leadership Team,”...

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Urban Outfitters posts 38 percent rise in Q3 profit

Urban Outfitters, Inc. has announced net income of 77 million dollars and earnings per diluted share of 78 cents for the third quarter, while net loss for the nine months period was 27 million dollars and loss per diluted share was 28 cents. The company said in a statement that net sales for the three months decreased 1.8 percent to 970 million...

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Urban Outfitters names new COO amid management reshuffle

Fashion and lifestyle company Urban Outfitters Inc, whose portfolio includes brands Anthropologie, Free People, Terrain and Urban Outfitters, has announced a flurry of management changes, which includes the departure of chief operating office Calvin Hollinger. Hollinger will be leaving at the end of this month in order to “pursue other...

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Online sales boost Urban Outfitters Q2, swings to profit

Urban Outfitters, Inc. posted net income of 34 million dollars and earnings per diluted share of 35 cents for the three months ended July 31, 2020, while for the six months period, net loss was 104 million dollars and loss per diluted share was 1.06 dollars. The company said in a statement that total net sales for the quarter decreased 16.5...