Urban Outfitters Inc (URBN) |
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Urban Outfitters Inc's Suppliers Performance
URBN's Supply Chain
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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
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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 |
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29 % |
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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