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URBN CEO Touts ‘Record Low Markdown Rate’

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

Urban Outfitters Inc., which operates Anthropologie, BHLDN, Free People, FP Movement, Terrain, Urban Outfitters and resale-plus-rental platform Nuuly, scored sales and income gains in the second quarter despite the impact of Covid-19 still driving numerous problems and cost pressures. In a Nutshell: “Logistics, sourcing, fulfillment and the overall labor market remain constant areas of focus…

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