URBN

URBN Opens $60 Million Fulfillment Center In Missouri For Rental Brand Nuuly

Retrieved on: 
Tuesday, February 20, 2024

RAYMORE, Mo., Feb. 20, 2024 /PRNewswire/ -- Urban Outfitters, Inc., the leading lifestyle products and services company whose portfolio includes Urban Outfitters, Anthropologie and Free People, commenced operations today at its new 600,000-square-foot fulfillment center for Nuuly, the company's women's clothing rental brand, in Raymore, Missouri.

Key Points: 
  • We're proud to see URBN beginning operations in Raymore and look forward to the lasting, positive impact it will provide for Missourians."
  • "Opening our second U.S. fulfillment center will allow us to grow well into the future."
  • The new facility is a cutting-edge fulfillment center with full laundering and clothing alteration capabilities that will enable Nuuly to optimize its service across the country.
  • "URBN's strategic choice to open its new facility in Missouri further underscores the state's unparalleled advantages," said Subash Alias, CEO of Missouri Partnership.

URBN Reports Record Holiday Sales and Personnel Update

Retrieved on: 
Monday, January 8, 2024

The increase in Retail segment comparable net sales was driven by high single-digit positive growth in digital channel sales and low single-digit positive growth in retail store sales.

Key Points: 
  • The increase in Retail segment comparable net sales was driven by high single-digit positive growth in digital channel sales and low single-digit positive growth in retail store sales.
  • Wholesale segment net sales increased 15% driven by an increase in Free People wholesale sales primarily due to increases in sales to department stores and specialty accounts, partially offset by a decrease in Urban Outfitters wholesale sales.
  • The increase in Retail segment comparable net sales was driven by high single-digit positive growth in digital channel sales and mid single-digit positive growth in retail store sales.
  • Wholesale segment net sales decreased 4%, driven by a decrease in Free People wholesale sales primarily due to a decrease in sales to department stores.

Artificial Intelligence and Commerce Collide at The RETHINK Retail Gala January 15th, 2024 in NYC

Retrieved on: 
Saturday, December 16, 2023

This exclusive event, tailored for retailers, brands and industry trailblazers, promises an immersive experience where Commerce and Artificial Intelligence (AI) seamlessly merge to shatter the boundaries of conventional thinking.

Key Points: 
  • This exclusive event, tailored for retailers, brands and industry trailblazers, promises an immersive experience where Commerce and Artificial Intelligence (AI) seamlessly merge to shatter the boundaries of conventional thinking.
  • "I couldn't be more thrilled about the upcoming AI in Retail Conference and the RETHINK Retail Gala.
  • Secure your ticket to The RETHINK Retail Gala and witness the dawn of a new era in retail.
  • Secure your ticket to The RETHINK Retail Gala and witness the dawn of a new era in retail.

o9 Solutions Supports URBN’s Digital Transformation With Next-Generation Merchandise Planning Capabilities

Retrieved on: 
Monday, July 10, 2023

o9 Solutions , a leading enterprise AI software platform provider for transforming planning and decision-making, today announced that URBN , a portfolio of global consumer brands comprised of Urban Outfitters, Anthropologie, Free People, FP Movement, Anthropologie Weddings, Terrain, Menus & Venues and Nuuly, is partnering with o9 on its digital transformation journey with the selection of a next-generation merchandise planning solution.

Key Points: 
  • o9 Solutions , a leading enterprise AI software platform provider for transforming planning and decision-making, today announced that URBN , a portfolio of global consumer brands comprised of Urban Outfitters, Anthropologie, Free People, FP Movement, Anthropologie Weddings, Terrain, Menus & Venues and Nuuly, is partnering with o9 on its digital transformation journey with the selection of a next-generation merchandise planning solution.
  • URBN will deploy o9’s AI-powered Merchandise Financial Planning , Assortment Planning , Demand Planning , Allocation and Replenishment capabilities to optimize decision-making and profitability by quickly adapting to trends, seasonality, stock positions, promotions and the unique demand drivers of the brands in its portfolio.
  • It’s clear that o9 is a solution leader in fashion apparel planning.
  • We look forward to supporting URBN’s mission to transform its merchandising strategy with our highly scalable and proven AI-powered merchandising solution.”

Anthropologie Weddings Releases Results of First Comprehensive Bridal Survey, Produced by Vogue with Anthropologie

Retrieved on: 
Monday, March 13, 2023

PHILADELPHIA, March 13, 2023 /PRNewswire/ -- Anthropologie Weddings, the thoughtfully curated bridal collection from beloved lifestyle retailer Anthropologie, announced today the release of the results from their first-ever comprehensive bridal survey produced by Vogue with Anthropologie. Vogue is the industry-leading platform that showcases the most inspirational weddings from around the world with an intimate look at modern-day celebrations. 

Key Points: 
  • PHILADELPHIA, March 13, 2023 /PRNewswire/ -- Anthropologie Weddings, the thoughtfully curated bridal collection from beloved lifestyle retailer Anthropologie, announced today the release of the results from their first-ever comprehensive bridal survey produced by Vogue with Anthropologie.
  • Vogue is the industry-leading platform that showcases the most inspirational weddings from around the world with an intimate look at modern-day celebrations.
  • "We are thrilled to release the results of our first Anthropologie Weddings bridal survey," said Elizabeth Preis, Chief Marketing Officer of Anthropologie.
  • Additional findings from the report, which provides comprehensive data and insights on consumer shopping behaviors and trends, will be released in a three-part sponsored series on Vogue.com through May.

URBN Selects Kansas City Region for New $60M Fulfillment Center for Clothing Rental Brand, Nuuly

Retrieved on: 
Wednesday, January 18, 2023

RAYMORE, Mo., Jan. 18, 2023 /PRNewswire-PRWeb/ -- The Kansas City Area Development Council announced that URBN, a multinational lifestyle retail corporation, has selected Raymore, Missouri, for its new 604,000-square-foot fulfillment center. The company is expected to invest $60 million in the Nuuly fulfillment center and create 750 jobs within five years.

Key Points: 
  • The company is expected to invest $60 million in the Nuuly fulfillment center and create 750 jobs within five years.
  • "Nuuly has experienced significant growth since our launch in 2019," said Dave Hayne, Chief Technology Officer of URBN and President of Nuuly.
  • URBN's new Nuuly facility represents a growing presence in the Kansas City region.
  • In 2020, the company announced its plans to establish a $403 million, 1.5 million-square-foot omni-channel fulfillment center in Kansas City, Kansas, which celebrated a ribbon cutting in October 2022.

Leading Global Retailer Selects Missouri For New Fulfillment Center

Retrieved on: 
Wednesday, January 18, 2023

“Missouri is winning more large-scale projects than ever before, and we’re carrying that tremendous momentum into 2023."

Key Points: 
  • “Missouri is winning more large-scale projects than ever before, and we’re carrying that tremendous momentum into 2023."
  • "Missouri is a strategic choice for companies like Nuuly that are searching for a location in the middle of America for their expansion projects," said Missouri Governor Mike Parson.
  • We look forward to welcoming URBN to the long list of global powerhouses in Missouri."
  • "We are excited to begin 2023 with this outstanding win for Missouri," said Subash Alias, CEO of Missouri Partnership.

URBN Reports Record Holiday Sales

Retrieved on: 
Monday, January 9, 2023

The increase in Retail segment comparable net sales was driven by low single-digit positive growth in digital channel sales and low single-digit positive growth in retail store sales.

Key Points: 
  • The increase in Retail segment comparable net sales was driven by low single-digit positive growth in digital channel sales and low single-digit positive growth in retail store sales.
  • Wholesale segment net sales decreased 22% driven by a decrease in Free People wholesale sales primarily due to a decrease in sales to department stores.
  • Comparable Retail segment net sales increased 4%, driven by high single-digit positive growth in retail store sales due to increased store traffic and low single-digit positive growth in digital channel sales.
  • Wholesale segment net sales decreased 3%, primarily driven by a decrease in Free People Group wholesale sales primarily due to a decrease in sales to department stores, partially offset by an increase in sales to specialty accounts.

URBN Announces Personnel Changes

Retrieved on: 
Friday, December 2, 2022

PHILADELPHIA, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ:URBN), today announced that Francis Pierrel, President, Urban Outfitters Group, has left the Company.

Key Points: 
  • PHILADELPHIA, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ:URBN), today announced that Francis Pierrel, President, Urban Outfitters Group, has left the Company.
  • We appreciate the contributions he made during his tenure and wish him well in his future endeavors.
  • This news release is being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
  • The Company disclaims any intent or obligation to update forward-looking statements even if experience or future changes make it clear that actual results may differ materially from any projected results expressed or implied therein.

NexTrex® Creates Sustainable Solutions for Your Favorite Brands

Retrieved on: 
Thursday, November 10, 2022

From the safety of home, we had everything from toilet paper to hiking gear to garden seeds shipped to us.

Key Points: 
  • From the safety of home, we had everything from toilet paper to hiking gear to garden seeds shipped to us.
  • The resulting glut of shipping materials provided environmental concerns to both consumers and the companies generating packaging waste.
  • Especially worrisome was single-use plastics, given that less than 14% of the 86 million tons of plastic packaging was being recycled.
  • Some of your favorite brands saw an opportunity to do something better for the earth by recycling these types of plastics.