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Urban Outfitters Inc   (URBN)
Other Ticker:  
 
    Sector  Retail    Industry Retail Apparel
   Industry Retail Apparel
   Sector  Retail
 

Urban Outfitters Inc's Suppliers Performance

URBN's Supply Chain

 
URBN Costs vs Sales of Suppliers Growth Urban Outfitters Inc's Suppliers recorded an increase in sales by 13.65 % year on year in Q2 2023, sequentially sales grew by 5.25 %, Urban Outfitters Inc recorded an increase in cost of sales by 0.89 % year on year, sequentially cost of sales grew by 9.91 % in Q2.

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Urban Outfitters Inc's Suppliers recorded an increase in sales by 13.65 % year on year in Q2 2023, sequentially sales grew by 5.25 %, Urban Outfitters Inc recorded increase in cost of sales by 0.89 % year on year, sequentially cost of sales grew by 9.91 % in Q2.

More on URBN Suppliers



  News about Urban Outfitters Inc Contracts



Urban Outfitters Inc's Comment on Supply Chain


Our Urban Outfitters stores, websites, mobile applications and catalogs offer a wide array of eclectic merchandise, including women’s and men’s fashion apparel, footwear, beauty, accessories, sporting apparel and gear and an eclectic mix of apartment wares and gifts. Product offerings in our Anthropologie stores, on our websites and mobile applications and within our catalogs include women’s casual apparel and accessories, shoes, as well as home furnishings and an eclectic diverse array of gifts and decorative accessories for the home, garden, bed and bath. Our Free People retail stores, websites, mobile applications and catalog offer a showcase for casual women’s apparel, intimates, shoes, accessories and gifts, primarily developed and designed by our Free People wholesale division. Our Terrain garden centers and website offer lifestyle home and garden products combined with antiques, live plants, flowers, wellness products and accessories. Our Bhldn retail stores and website offer a curated collection of heirloom quality wedding gowns, bridesmaid frocks, party dresses, assorted jewelry, headpieces, footwear, lingerie and decorations. Our merchandise is continuously updated to appeal to our target customers’ changing tastes and is supplied by a large number of domestic and foreign vendors, with new shipments of merchandise arriving at our stores and fulfillment centers almost daily.

The wide breadth of merchandise offered by our Retail segment includes national third-party brands, as well as exclusive merchandise developed and designed internally by our brands. This selection allows us to offer fashionable merchandise and to differentiate our product mix from that of traditional department stores, as well as that of other specialty and direct-to-consumer retailers. Merchandise designed and developed by our brands generally yields higher gross profit margins than third-party branded merchandise, and helps to keep our product offerings current and unique.

The ever-changing mix of products available to our customers allows us to adapt our merchandise to prevailing fashion trends, and, together with the inviting atmosphere and experience of our stores and websites, encourages our core customers to visit our shopping channels frequently.
We seek to select price points for our merchandise that are consistent with the spending patterns of our target customers. As such, our stores carry merchandise at a wide range of price points that may vary considerably within product categories.

To serve our target customers and to recognize changes in fashion trends and seasonality, we purchase merchandise from numerous foreign and domestic vendors. To the extent that our vendors are located overseas or rely on overseas sources for a large portion of their merchandise, any event causing a disruption of imports, such as the imposition of import restrictions, war, acts of terrorism, natural disasters, port security considerations or labor disputes, financial or political instability in any of the countries in which goods we purchase are manufactured, trade restrictions in the form of tariffs or quotas, or both, disruption in the supply of fabrics or raw materials, increases in the cost of fuel or decreases in the value of the U.S. dollar relative to foreign currencies could adversely affect our business.We purchased merchandise from approximately 4,700 vendors. No single vendor accounted for more than 10% of merchandise purchased during that time. While certain of our vendors have limited financial resources and production capabilities, we do not believe that the loss of any one vendor would have a material effect on our business.

 


Urban Outfitters Inc's Comment on Supply Chain


Our Urban Outfitters stores, websites, mobile applications and catalogs offer a wide array of eclectic merchandise, including women’s and men’s fashion apparel, footwear, beauty, accessories, sporting apparel and gear and an eclectic mix of apartment wares and gifts. Product offerings in our Anthropologie stores, on our websites and mobile applications and within our catalogs include women’s casual apparel and accessories, shoes, as well as home furnishings and an eclectic diverse array of gifts and decorative accessories for the home, garden, bed and bath. Our Free People retail stores, websites, mobile applications and catalog offer a showcase for casual women’s apparel, intimates, shoes, accessories and gifts, primarily developed and designed by our Free People wholesale division. Our Terrain garden centers and website offer lifestyle home and garden products combined with antiques, live plants, flowers, wellness products and accessories. Our Bhldn retail stores and website offer a curated collection of heirloom quality wedding gowns, bridesmaid frocks, party dresses, assorted jewelry, headpieces, footwear, lingerie and decorations. Our merchandise is continuously updated to appeal to our target customers’ changing tastes and is supplied by a large number of domestic and foreign vendors, with new shipments of merchandise arriving at our stores and fulfillment centers almost daily.

The wide breadth of merchandise offered by our Retail segment includes national third-party brands, as well as exclusive merchandise developed and designed internally by our brands. This selection allows us to offer fashionable merchandise and to differentiate our product mix from that of traditional department stores, as well as that of other specialty and direct-to-consumer retailers. Merchandise designed and developed by our brands generally yields higher gross profit margins than third-party branded merchandise, and helps to keep our product offerings current and unique.

The ever-changing mix of products available to our customers allows us to adapt our merchandise to prevailing fashion trends, and, together with the inviting atmosphere and experience of our stores and websites, encourages our core customers to visit our shopping channels frequently.
We seek to select price points for our merchandise that are consistent with the spending patterns of our target customers. As such, our stores carry merchandise at a wide range of price points that may vary considerably within product categories.

To serve our target customers and to recognize changes in fashion trends and seasonality, we purchase merchandise from numerous foreign and domestic vendors. To the extent that our vendors are located overseas or rely on overseas sources for a large portion of their merchandise, any event causing a disruption of imports, such as the imposition of import restrictions, war, acts of terrorism, natural disasters, port security considerations or labor disputes, financial or political instability in any of the countries in which goods we purchase are manufactured, trade restrictions in the form of tariffs or quotas, or both, disruption in the supply of fabrics or raw materials, increases in the cost of fuel or decreases in the value of the U.S. dollar relative to foreign currencies could adversely affect our business.We purchased merchandise from approximately 4,700 vendors. No single vendor accounted for more than 10% of merchandise purchased during that time. While certain of our vendors have limited financial resources and production capabilities, we do not believe that the loss of any one vendor would have a material effect on our business.

 



URBN's Suppliers Net Income grew by URBN's Suppliers Net margin grew in Q2 to
29 %


Urban Outfitters Inc 's Suppliers Sales Growth in Q2 2023 by Industry

Suppliers from Paper & Paper Products Industry -10.91 %   
Suppliers from Apparel, Footwear & Accessories Industry      1.27 %
Suppliers from Property & Casualty Insurance Industry      21.43 %
Suppliers from Real Estate Investment Trusts Industry      7.1 %
Suppliers from Professional Services Industry      2.51 %
Suppliers from Computer Peripherals & Office Equipment Industry -0.55 %   
Suppliers from Software & Programming Industry      27.87 %
     
• URBN Suppliers Valuation • URBN Suppliers Mgmt. Effect.





URBN's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Urban Outfitters Inc 3,363.95 4,698.70 376.52 24,000
Tandy Leather Factory Inc 34.63 76.59 2.28 0
Uniroyal Global Engineered Products Inc 0.00 69.88 2.86 415
Avery Dennison Corporation 15,750.45 8,279.70 482.80 36,000
Berkshire Hathaway Inc 492,047.10 349,271.00 77,710.00 0
Columbia Sportswear Company 4,733.81 3,595.36 283.75 5,978
Delta Apparel Inc 61.12 459.05 -4.65 7,400
Guess Inc 1,537.82 2,589.71 173.42 13,500
Innovative Designs Inc 5.86 0.25 -0.29 5
Levi Strauss and Co 6,116.84 6,131.59 436.62 15,800
Lululemon Athletica Inc 55,785.74 8,838.03 1,007.29 11,000
Nike Inc 170,102.53 51,469.00 5,052.00 79,100
On Holding Ag 9,600.64 724.59 -170.23 900
Oxford Industries inc 1,468.31 1,535.34 161.71 5,500
Public Storage 45,578.81 4,446.36 2,133.16 5,800
Ralph Lauren Corporation 8,695.01 6,502.60 527.80 22,200
Under Armour Inc 3,473.19 5,864.42 410.33 16,400
V F Corporation 6,489.13 11,390.86 -215.15 35,000
Vera Bradley Inc 233.85 534.00 68.40 2,950
Ncr Voyix Corporation 2,212.13 7,903.00 -113.00 0
Accenture Plc 212,533.37 64,111.75 6,878.76 721,000
Couchbase Inc 911.39 132.12 -65.55 646
Carter s Inc 2,533.26 4,778.87 206.17 16,800
Crocs inc 6,389.48 3,947.33 676.72 5,400
Deckers Outdoor Corp 17,146.33 3,903.65 1,408.39 3,500
Elastic N v 7,800.10 1,112.18 -215.12 2,978
Mongodb Inc 29,803.27 1,486.67 -241.08 2,539
Steven Madden Ltd 2,808.77 1,932.51 168.92 3,578
Simon Property Group inc 40,793.19 5,531.30 2,530.27 3,300
Vornado Realty Trust 4,543.29 1,816.22 -391.50 4,008
SUBTOTAL 1,149,189.41 558,433.92 98,905.07 1,021,697


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