Clothing Rental Has Been a Fast-Growing Business for Urban Outfitters. Now It’s a Profitable One Too The concept of clothing rental has been taking the fashion industry by storm in recent years, offering consumers a more sustainable and cost-effective way to enjoy the latest trends without the commitment of ownership. Urban Outfitters, a retail giant […]
Urban Outfitters Defies Retail Woes on Anthropologie Sales Gains
Urban Outfitters Inc. has recently reported a notable performance in its third-quarter earnings, bucking the trend of struggles faced by many retailers in the current economy. For the quarter ending October 31, the company saw its sales increase by 1.5% at stores that had been open for at least 12 months, surpassing analysts’ forecasts of […]