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Urban Outfitters’ Full-Price Focus Delivers Record Q1 Sales

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Urban Outfitters rode high product demand and record-low markdown rates to record sales in its first quarter as net sales skyrocketed 57.6 percent year-over-year to $927.4 million, a number that is also up 7.3 percent from two years ago. In a Nutshell: The specialty apparel retailer, which operates under numerous banners including Anthropologie, BHLDN, Free…

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