Urban Outfitters news and archive

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

Business

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...

Business

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...

People

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,”...

Business

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...

BusinessFeatured

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...

Business

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,”...

Business

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...

PeopleFeatured

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...

BusinessFeatured

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...

BusinessFeatured

PETA buys stock in Ralph Lauren, Urban Outfitters and others

Animal rights group PETA has taken advantage of the COVID-19 stock market downturn through purchasing stock in nearly two dozen fashion companies, including Ralph Lauren, Urban Outfitters and Guess. This move is a strategy the organization often takes to influence decisions made by clothing companies. PETA frequently purchases the minimum number...

Business

Urban Outfitters reports sales in decline in Milan and Seattle

Ahead of its participation at the BofA Securities Consumer & Retail Technology Conference 2020, Urban Outfitters, Inc. has announced that over the past week, the company has seen a decline in store traffic and sales in areas heavily impacted by COVID-19 such as Milan, Italy and Seattle, Washington, as well as a few additional locations. While...