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Ex Urban Outfitters CEO, Berkshire Partner on $350 Million Retail Investment Deal

In Industry News, What's New by Accessories StaffLeave a Comment

New York and Boston—Glen T. Senk, past chief executive officer at Urban Outfitters and David Yurman, has partnered with Berkshire Partners, a private investment firm, to “co-invest in innovative, high-growth retail and consumer businesses,” the partners revealed today. As an initial investment, Berkshire committed $350 million to future investments alongside …

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Urban Outfitters Invest $210 Million in Expansion, Doubling Workforce

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

Philadelphia—Pennsylvania government officials applauded Monday news that Urban Outfitters is planning to invest $210 million in new projects spurred by the retailer’s growing e-commerce business. Plans call for an expansion to 250,000-square-foot of the company’s headquarters in the Philadelphia Navy Yard and construction of a 1.2 million-square-foot direct-to-consumer fulfillment center …

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Get It For Less:Sunglasses!!

In Blogs by Yvette EstimeLeave a Comment

The hottest accessory for the Summer will be sunglasses. Not only will they protect your eyes from harmful UV rays but they also are the perfect accessory for all your chic Summer outfits! So I have put together a list of the coolest shades in different styles and all will be under $13! I hope […]

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Days Go By

In Blogs by Fashion ChaletLeave a Comment

I can’t believe how quickly time passes sometimes. I remember when I first started this blog. in 2008. Can you believe it’s been 5 years already? I’m just glad that I did. I am so appreciative of everything I’ve seen and learned along the way. I fe…

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Urban Outfitters Q4 Profit Doubles on Higher Sales, Margins

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

Philadelphia—Urban Outfitters Inc.’s strategy to improve gross margins and total sales during the fourth quarter proved successful: the company reported Monday net income doubled on stronger sales. For the quarter ended Jan. 31, the operator of Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters retail brands posted net income of …