page contents

Tag Archives: Urban

Creating a Community Through Urban Retail

MELBOURNE, Australia — The retail landscape has changed dramatically over the last decade. According to Bain & Company, online sales are expected to climb from 7 percent to 20 percent of global luxury consumption by 2025. However, as e-commerce increasingly liberates consumers from the need to enter stores or even leave their homes to shop, physical retail is also evolving. ...

Read More »

Urban Outfitters Jumps as Free People Brand Leads Sales Rebound

PHILADELPHIA, United States — Add Urban Outfitters Inc. to the list of retailers getting help from its secondary brands. The company’s comparable sales rose in the third quarter, led by increases at its Free People and Anthropologie divisions. Urban Outfitters’ namesake brand also expanded, defying analysts’ forecasts for contraction. Shares soared as much as 13 percent in late trading after ...

Read More »

Urban Outfitters Beats Wall Street Forecasts

PHILADELPHIA, United States — Urban Outfitters Inc. (URBN) on Monday reported fiscal third-quarter profit of $ 45.1 million. The Philadelphia-based company said it had net income of 41 cents per share. The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. The clothing and accessories ...

Read More »