LONDON, UNITED KINGDOM - 2021/06/22: Urban Outfitters logo is seen at one of their stores on Oxford ... More Street in London. (Photo by Belinda Jiao/SOPA Images/LightRocket via Getty Images) Note ...

And Nuuly — which rents subscribers looks from its own brands as well as third parties — really stood out, adding 20,000 active subscribers compared with the third quarter for a total of 300,000.

We analyze Urban Outfitters' Q2 results, discussing sales momentum, margin expansion, Nuuly subscription service, and valuation. Click here for my URBN update.

Urban Outfitters — which is part of a conglomerate that includes Anthropologie, Free People and rental site Nuuly — faced a 9.3% drop in sales in the second quarter of 2024.

URBN stock has increased from around $22 to $29 in the last six months, outperforming the broader indices, with the S&P falling about flat over the same period.

Sales at Urban Outfitters’ rental and resale business Nuuly helped push the apparel conglomerate’s Q3 sales up 9% year over year to $1.28 billion. Nuuly’s own sales soared 86% or $30 million ...

Urban Outfitters, the publicly traded company, has shown growth by capitalizing on its multi brand portfolio that includes Anthropologie, Nuuly, Urban Outfitters, Free People and FP Movement.

Urban Outfitters' new division, Nuuly, is growing at a shocking pace. Could this clothing rental operation be the next big thing?

Nuuly, started in 2019, already has 150,000 subscribers and $130 million in sales.

PHILADELPHIA, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands ...

Urban Outfitters — which is part of a conglomerate that includes Anthropologie, Free People and rental site Nuuly — faced a 9.3% drop in sales in the second quarter of 2024.

Urban Outfitters’ Nuuly rental business turns a profit in Q3 In addition to a swing into the black with $300,000 in operating profit, sales soared 86% at the unit, which also offers some resale.