Stock info Urban Outfitters | Filter  Basic-Info

Urban Outfitters Inc. is a publicly traded American business corporation that possesses and operates more than 400 retail locations across five retail brands which are Urban Outfitters, Anthropologie, Free People, Terrain, and BHLDN. Urban Outfitters established as Free People in 1972 in Philadelphia, Pennsylvania with their main focus on "funky" fashion and household products. Soon afterwards the owner and now Chairman, Richard Hayne changed the name to Urban Outfitters. The product line has developed from vintage, bohemian, retro, hipster, ironically humorous, kitschy apparel and furniture to comprise luxury brands and numerous designer collaborations. Company’s headquarters is at Philadelphia Navy Yard, Urban Outfitters operates more than 140 locations in the United States, Canada, the Republic of Ireland, Denmark, Sweden, Germany, Belgium and the UK. For the year 2013, Urban Outfitters Inc. reported an annual revenue of US $3.1 Billion and a net profit of US $282.4 Million. Urban Outfitters has been described as hip, kitsch, ironic merchandise, for example, printed with the words "Jive Turkey" or "Atari" shirts. They are known for serving "hipster" culture and fashion, incorporating the influence of past decades. Urban Outfitters seeks to create a differential shopping experience, which creates an emotional bond with the target customer 18 to 30 years of age to those we serve. In 2009, the sale of limited edition One600 Polaroid Type 779 instant cameras and instant film in collaboration with the Austrian entrepreneur Florian Kaps, who acquired the rights to manufacture 700 pieces Product deceased agreed. In 2007, Urban Outfitters received the National Honor Award Conservation Trust for Historic Preservation National Urban Outfitters Corporate Campus office is located in the Philadelphia Naval Shipyard. To the same school, Urban Outfitters received the 2007 Global Award for Excellence in the Urban Land Institute. In March 2008, to introduce their brand new ground, the company entered the Philadelphia Flower Show and won the Alfred M. Campbell Award, Conservation Award, Audience Award and Best Show. Urban Outfitters sets itself apart from most other clothing and accessory retailers with its boutique-like atmosphere and its emphasis on fashion. Few of the major competitors include Guess, Gap and Abercrombie & Fitch Company. Guess predominantly targets young men and women. Guess's pricing is alike to that of Urban Outfitter's clothing brands and is also concentrated on trends. Urban Outfitters also has an extensive division under the Free People brand, selling Free People products to department stores such as Nordstrom. Guess is an international brand like URBN, but unlike URBN it has well-known presence in Asia. Abercrombie & Fitch is the forerunner of the youth apparel retail market by practically all measures. Abercrombie & Fitch operates with four brands: Abercrombie & Fitch, Hollister, Abercrombie; all of which target different subdivisions of young men and women. Gap has clothing lines for the young age group and a sturdy Baby Gap clothing line for toddlers. It has a much more widespread store network all through the U.S and has been a recognized performer in the market for many years.