Urban Outfitters grows holiday sales 8%
Philadelphia – Net sales at Urban Outfitters for the two months ended Dec. 31, 2013, increased to $716 million, or 8% from the same period in the previous year. Same-store retail segment net sales, which include the direct-to-consumer channel, increased 3%.
Same-store retail segment net sales increased 21% at Free People and 11% at Anthropologie and decreased 6% at Urban Outfitters. Wholesale segment net sales increased 21%.
"I am pleased to announce record sales for the 2013 holiday period," said Richard A. Hayne, CEO. "Our Anthropologie and Free People brands delivered outstanding results despite the extreme promotional retail environment."