Urban Outfitters – Nuuly and FP Movement Drive Stock to All-Time High

With Urban Outfitters, Anthropologie, Free People, and FP Movement, the company caters to different fashion target groups. For the eighth consecutive quarter, Urban Outfitters has achieved record revenues and record profits. The rental subscription Nuuly counts 30% more subscribers and aims for over 700 million USD in annual revenue. While many stocks have come under pressure recently, Urban Outfitters (URBN) remains robust. On October 13, the stock reached a new all-time high of 85.66 USD. Since the beginning of the year, it has gained...