Profile: Urban Outfitters Inc (URBN.O)
23 Feb 2017
Urban Outfitters, Inc., incorporated on August 06, 1976, is a lifestyle specialty retail company. The Company operates through two segments: Retail and Wholesale. The Company's Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its customers through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Retail segment also includes Vetri Family, which operates restaurants under the names Amis, Alla Spina, Lo Spiedo, Pizzeria Vetri and Osteria. Its Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young women's contemporary casual apparel and shoes through individual and chain specialty stores and department stores.
The Company's Retail segment includes Urban Outfitters, which targets young adults aged 18 to 28 through its merchandise mix, and store and Website environment. The segment's Urban Outfitters has product offering, including women's and men's fashion apparel, intimates, footwear, beauty and accessories, home goods, activewear and gear, electronics, as well as a range of apartment wares and gifts. Its apartment wares range from rugs, pillows and shower curtains to books, candles and novelties. As of January 31, 2016, the Company operated 240 Urban Outfitters stores, of which 179 were located in the United States, 18 were located in Canada and 43 were located in Europe.
The Company's Anthropologie Group consists of the Anthropologie, Bhldn and Terrain brands. The Anthropologie brand's product assortment includes women's casual apparel and accessories, intimates, shoes, beauty, home furnishings, and a range of gifts and decorative items. The home furnishings range from furniture, rugs, lighting and antiques to table-top items, bedding and gifts. The Bhldn brand offers a collection of heirloom quality wedding gowns, bridesmaid frocks, party dresses, assorted jewelry, headpieces, footwear, lingerie and decorations. Terrain's product offering includes lifestyle home and garden products combined with antiques, live plants, flowers, wellness products and accessories. As of January 31, 2016, the Company operated 218 Anthropologie Group stores, of which 197 were located in the United States, 12 were located in Canada and nine were located in Europe.
The Company's Free People retail stores primarily offer private-label branded merchandise targeted to young contemporary women aged 25 to 30. Free People offers a merchandise mix of casual women's apparel, intimates, shoes, accessories, activewear, home products and gifts. As of January 31, 2016, the Company operated 114 Free People stores, of which 109 were located in the United States and five were located in Canada.
The Company's Wholesale segment includes Free People branded tops, bottoms, sweaters, dresses, intimates, shoes and activewear, which are sold through department and specialty stores around the world, and its Free People stores. The Company distributes its Free People products in certain department stores using a shop-within-shop sales model. Free People wholesale sales and showroom facilities are located in New York City, Los Angeles, Chicago and London.
Urban Outfitters Inc
5000 S Broad St
PHILADELPHIA PA 19112-1402
Company Web Links
- BRIEF-Urban Outfitters reports Q4 sales of $1.03 bln
- BRIEF-Urban Outfitters says net sales for two months ended Dec. 31 increased by 3 pct
- Urban Outfitters sales miss as Anthropologie, Free People drag
- UPDATE 2-Urban Outfitters sales miss as Anthropologie, Free People drag
- BRIEF-Urban Outfitters sees Q4 gross margin rate to decrease vs. prior year - conf call