Content about Free People

June 9, 2014

Free People has signed a lease for 3,200 sq. ft. at the Town Center of Virginia Beach. The retailer plans to open its doors in the fourth quarter of 2014.

Virginia Beach, Va. — Free People has signed a lease for 3,200 sq. ft. at the Town Center of Virginia Beach. The retailer plans to open its doors in the fourth quarter of 2014.

November 19, 2013

Urban Outfitters’ third quarter profit increased 18%, helped by strong results at its Anthropologie and Free People divisions. The company's quarterly earnings per share and sales both in above estimates.

Philadelphia -- Urban Outfitters’ third quarter profit increased 18%, helped by strong results at its Anthropologie and Free People divisions. The company's quarterly earnings per share and sales both in above estimates.

Urban Outfitters’ net income totaled $70.2 million, up 18% from $59.5 million.

Net sales equaled about $774 million, a 12% increase from $692.9 million. Same-store segment net sales, which include the direct-to-consumer channel, increased 7%.

August 19, 2013

Urban Outfitters’ second-quarter net income jumped to $76 million for the three months ended July 31, 2013.

PHILADELPHIA — Urban Outfitters’ second-quarter net income jumped to $76 million for the three months ended July 31, 2013.

Total company net sales for the second quarter increased 12% to a record $759 million. Same—store sales, including the company’s direct-to-consumer channel, increased 9%.

Comparable retail segment net sales increased 38% at Free People, 9% at Anthropologie and 5% at Urban Outfitters. Wholesale segment net sales rose 17%.

March 14, 2012

CSA editor-in-chief Marianne Wilson and I go to great lengths to report new store openings on Chainstoreage.com. We pore through convoluted retail financial statements – sometimes twice daily – to uncover news that a chain has its sights set on even a little net new store growth for the year ahead.

Chain Store Age editor-in-chief Marianne Wilson and I go to great lengths to report new store openings on Chainstoreage.com. We pore through convoluted retail financial statements – sometimes twice daily – to uncover news that a chain has its sights set on even a little net new store growth for the year ahead.

I reported earlier today that Urban Outfitters, despite a challenging fourth quarter that saw profits cut nearly in half from the year before, was planning as many as 60 new stores in fiscal 2013.

March 13, 2012

Urban Outfitters Inc. reported that profit for the fourth quarter fell to $39.3 million, from $75.2 million a year earlier.

Philadelphia -- Urban Outfitters Inc. reported Monday that profit for the fourth quarter fell to $39.3 million, from $75.2 million a year earlier. Sales rose 9% to $730.6 million, missing Wall Street’s expected $740 million in revenue.

The operator of Anthropologie, Free People and Urban Outfitters stores said heavy discounting over the holidays took a big toll on margins; in fact, margins have declined for at least five quarters as the retailer has made major markdowns to clear out slow-moving merchandise.

February 9, 2012

Urban Outfitters reported that sales for the fourth quarter, ended Jan. 31, rose 9% to $731 million.

Philadelphia -- Urban Outfitters reported Thursday that sales for the fourth quarter, ended Jan. 31, rose 9% to $731 million.

May 17, 2011

Urban Outfitters reported Monday that profit for the first quarter declined more than expected, posting net income of $39 million compared with $53 million a year earlier.

Philadelphia -- Urban Outfitters reported Monday that profit for the first quarter declined more than expected, posting net income of $39 million compared with $53 million a year earlier.

However, revenue topped Wall Street's estimates, as the operator of Urban Outfitters, Anthropologie, Free People and Terrain banners saw sales rise 9% to $524 million. Same-store sales fell 5%. But direct-to-consumer (catalogs and online) same-store sales increased 15%.

March 8, 2011

Urban Outfitters will debut its newest brand, a bridal-shop concept called Bhldn, in early fall, in Houston.

New York City -- Urban Outfitters will debut its newest brand, a bridal-shop concept called Bhldn, in early fall, in Houston. The company launched the brand online in February.

Urban Outfitters will open 50 to 55 stores in its current fiscal year, with the emphasis on growing its Free People brand and expansion of its namesake division and Anthropologie in Europe.

March 7, 2011

Urban Outfitters reported Monday that net income for the quarter ended Jan. 31 dipped slightly to $75 million, compared with $77 million in the year-ago period.

Philadelphia -- Urban Outfitters reported Monday that net income for the quarter ended Jan. 31 dipped slightly to $75 million, compared with $77 million in the year-ago period.

For the full year, profit rose to $273 million from $220 million a year earlier.

Fourth-quarter net sales rose 14% to $668 million. Same-store sales for the quarter increased 4%. By brand, same-store sales rose 1% at Anthropologie, 28% at Free People and 5% for Urban Outfitters.

February 24, 2011

MID Retail said Wednesday that Philadelphia-based Urban Outfitters has selected its Advanced Allocation Software to forecast and distribute merchandise for all store locations across its Urban Outfitters, Anthropologie, and Free People brands.

Indianapolis -- MID Retail said Wednesday that Philadelphia-based Urban Outfitters has selected its Advanced Allocation Software to forecast and distribute merchandise for all store locations across its Urban Outfitters, Anthropologie, and Free People brands.

MID Retail provides software solutions primarily for Merchandise Planning, Store Planning and Allocation, Fashion Replenishment and Assortment Planning applications for large retailers and national chains.

February 10, 2011

MID Retail announced Urban Outfitters has selected MID Advanced Allocation Software to forecast and distribute merchandise for all store locations across its Urban Outfitters, Anthropologie, and Free People brands.

Indianapolis -- MID Retail announced Urban Outfitters has selected MID Advanced Allocation Software to forecast and distribute merchandise for all store locations across its Urban Outfitters, Anthropologie, and Free People brands. The MID solution was designed to help multi-store, multi-sku retailers increase accuracy, efficiency and profitability. The system includes both pack and size optimization modules for accurate sku-level allocation and replenishment.

November 16, 2010

Urban Outfitters recorded earnings of $73.1 million for the quarter ended Oct. 31, a 17% hike over the $62.4 million recorded in the prior year period, helped by higher sales and improved growth in comparable store net sales.

Philadelphia -- Urban Outfitters recorded earnings of $73.1 million for the quarter ended Oct. 31, a 17% hike over the $62.4 million recorded in the prior year period, helped by higher sales and improved growth in comparable store net sales. Quarterly earnings were ahead of the analysts' expectations, while sales came in short of the consensus.

Revenue rose 13.4% to $573.6 million, missing Wall Street estimates of $580 million.

May 12, 2010

Urban Outfitters said Thursday that its first-quarter net income jumped 72% partly on sales strength...

March 3, 2010

Urban Outfitters reported on Thursday that its fiscal fourth-quarter earnings jumped 92% to $77.7 million,...

November 12, 2008

Urban Outfitters Inc. said Thursday its third-quarter profit rose 31%, helped by strong performance at...

August 13, 2008

Urban Outfitters Inc. posted a 79% jump in quarterly profit, driven by strong same-store sales...

May 14, 2008

Urban Outfitters Inc. said Thursday its first-quarter profit rose 45%, helped by fewer markdowns and...

March 16, 2008

Urban Outfitters CEO Glen Senk last week disclosed a series of initiatives for the company’s...

January 2, 2008

Philadelphia Urban Outfitters Inc. said Thursday its holiday sales climbed 28% compared with the prior...

January 2, 2008

Urban Outfitters opened 35 new stores in the fiscal year, including 16 Urban Outfitters,...

November 5, 2007

Philadelphia, Urban Outfitters...

August 16, 2005

Philadelphia, Urban Outfitters’...