Urban Outfitters Inc

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Low cost sourcing less of an option for retailers

Upward pressure on sourcing costs is one of the new challenges set to face US apparel retailers in 2016 as a "fair, living wage" and "decent...

What's in store for US back-to-school sales?

For the second year in a row, it seems consumers are being more restrained when it comes to back-to-school shopping. But with new fashions,...


Katie Smith | 12 Feb 2015

As the threat of a US West Coast port shutdown looms, analysts already estimate the ongoing disruption could add an eye-watering US$36.9bn to costs over the next 24 months. As the congestion continues to cause headwinds for apparel businesses, retailers are being told they must investigate new supply chain options, including more near- and on-shoring.


Michelle Russell | 24 Nov 2014

Decidedly at odds with fast fashion, the slow fashion movement offers an alternative to mass-produced clothing and is steadily gaining momentum. But while some believe more work is required if the message is to really take off, others see it as an ideal opportunity for middle market players.


Michelle Russell | 24 Sep 2014

Urban Outfitters has set out ambitious plans to double its topline sales by 2020 through an expanded product offering, enhanced customer experience, and wider distribution. The news has been met with a mixed reaction from analysts.


Michelle Russell | 7 Aug 2014

Where once retailers invested in e-commerce as an extension of their physical stores, an acceleration in shopping online means they are now seeking a sustainable balance between the two - in addition to adapting their supply chains in order not to lose out.

Latest News

Katie Smith | 14 Jan 2016

With the holiday season done and dusted, US apparel and footwear retailers are now counting the cost. In the most recent results, New York & Co has narrowed its fourth-quarter outlook despite posting an increase in comparable store sales, while Express has lifted its guidance. Shoe Carnival, Genesco and American Eagle Outfitters all booked increases. However, Bon-Ton Stores and Ascena Retail Group posted declines. 


In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. 


Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 


First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.


Michelle Russell | 21 May 2015

Ted Marlow, the CEO of US lifestyle retailer Urban Outfitters Group, has announced his intention to retire.


Michelle Russell | 19 May 2015

Urban Outfitters is weathering the tribulations of the youth fashion market far better than its competitors, one analyst believes, despite first-quarter profit and sales that missed expectations.


Michelle Russell | 10 Mar 2015

Urban Outfitters has closed its financial year with what analysts believe is a relatively strong set of sales numbers, albeit it driven by extensive discounting.


Michelle Russell | 18 Feb 2015

US lifestyle retailer Urban Outfitters is to relocate its South Carolina e-commerce fulfilment centre to a new location in Pennsylvania.


Michelle Russell | 9 Jan 2015

US lifestyle retailer Urban Outfitters has booked record holiday sales and positive retail segment comps at each of its brands.


Michelle Russell | 18 Nov 2014

US lifestyle retailer Urban Outfitters has revealed record third-quarter sales but saw earnings plummet as weakness at its namesake stores offset strength at its other fascias.


Michelle Russell | 17 Oct 2014

US lifestyle retailer Urban Outfitters said the negative comparable retail sales it reported in September have continued into its third-quarter.


Michelle Russell | 19 Aug 2014

The Urban Outfitters brand is "on the mend", analysts have said, after the lifestyle retailer revealed second-quarter earnings above consensus estimates and an increase in sales.


Michelle Russell | 20 May 2014

A turnaround is unlikely for Urban Outfitters in the near term, analysts believe, but changes could yield incremental improvements.


Leonie Barrie | 7 Apr 2014

Boston-based investment firm Berkshire Partners LLC has committed to invest $350m in innovative, high-growth retail and consumer businesses through a new company set up by Glen Senk, the former CEO of Urban Outfitters.


Katie Smith | 2 Apr 2014

Weakness at Urban Outfitters' namesake brand is likely to continue into the first quarter for the lifestyle retailer, according to analysts.


Michelle Russell | 11 Mar 2014

Lifestyle retailer Urban Outfitters has cautioned on its current quarter, despite booking an increase in fourth-quarter earnings.


Katie Smith | 3 Mar 2014

Stephen Murray is to step down as president for Europe, the Middle East and Africa (EMEA) at footwear specialist Deckers Outdoor Corp at the end of the year.


Leonie Barrie | 25 Feb 2014

Adidas, Marks and Spencer, Patagonia and Phillips-Van Heusen have been named among the companies taking the most comprehensive steps to stop cotton from Uzbekistan picked with forced labour from entering their supply chains.


Michelle Russell | 11 Feb 2014

Lifestyle retailer Urban Outfitters has posted "record" sales in its fourth-quarter, driven by revenues at its Anthropologie and Free People divisions.


Katie Smith | 3 Feb 2014

Destination XL Group has cut its full-year outlook after lower-than-expected December sales, and announced the departure of CFO and COO Dennis Hernreich.


Katie Smith | 21 Jan 2014

Lifestyle retailer Urban Outfitters, owner of the Anthropologie and Free People brands, has invested in retail planning software to support its online and international growth.


Katie Smith | 19 Dec 2013

Lifestyle retailer Urban Outfitters has invested in Product Lifecycle Management (PLM) software to improve visibility and collaboration across its business.


Katie Smith | 19 Nov 2013

Urban Outfitters has reported an 18% increase in third-quarter net profit, bolstered by record sales including strong gains at its Anthropologie and Free People stores.


Katie Smith | 8 Oct 2013

US fashion retailer Urban Outfitters is investing US$200m in two new projects in Pennsylvania to meet growing demand and support the expansion of its business.

Latest blogs

Michelle Russell | 2 Jan 2015

Happy New Year from the team at just-style.


Michelle Russell | 19 Dec 2013

Ever-sensitive Urban Outfitters has landed itself in hot water again. This time the US teen fashion retailer has managed to offend Hindus with one of its Christmas offerings.

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