Urban Outfitters is an American company specialized in urban fashion that was born in 1970 and was founded by Richard Hayne, Judy Wicks and Scott Belair. Based in Philadelphia (Pennsylvania, United States), the company operates with the Anthropologie and Free People chains in addition to the Urban Outfitters concept.
The American company has ended the period with sales of 987 million dollars. Anthropologie has outperformed the eponymous chain with a revenue of 398 million dollars.
This will be the fourth store of the fashion chain in the city. Urban Outfitters is also present in the mall with its eponymous concept and Anthropologie.
The American company will land in Paris with the opening of two stores in the neighborhood of Le Marais and in the center of the city, near Palais Garnier.
The Dubai Mall, the second biggest shopping mall in the world by square meters, extends its fashion offer with new store openings of brands like Urban Outfitters, Marina Rinaldi, Max Mara or H&M.
The American retail giant closed the first half of its fiscal year, ended 31st of July, with a revenue of 1.8 billion dollars.
American fashion group is finalizing the launch of Nuuly, a monthly subscription service of its brands only for women and available from the following summer.
American fashion company has registered a volume of business worth 864.4 million dollars (774.6 million euros) between February and April, only a 1% more.
The US company registered a net result of 298 million dollars compared to 108.2 million dollars from the previous year.
The American group, which also owns the Anthropologie and Free People chains, ended the period with sales of 855.7 million dollars (725.8 million euros) and a profit of 41.3 million dollars (35.03 million of euros).
