Articles By Jennifer Lynn

1. Urban Outfitters Plans Global Expansion And Reports Record Profits 11/22/2013

   Urban Outfitters, including brands Free People and Anthropologie, reported record third quarter revenues and operating profits. The retailer reports profit increased by 18 percent and is planning global expansion of its stores. Urban Outfitters revenues increased by 12 percent for the quarter, resulting in a third quarter record of $774 million. The increase resulted from a comparable store sales increase of 7 percent. The company also opened 9 new stores during third quarter and renewed its focus on strengthening omni-channel initiatives.

2. Ralph Lauren Focusing On Growth Initiatives & E-Commerce 11/21/2013

   Ralph Lauren Corporation reported its second quarter earnings on November 6, 2013. The global retailer currently operates 416 stores, 131 which are of Ralph Lauren stores, 225 Polo factory stores, 523 concession shop locations and 60 are Club Monaco stores. Jacki Nemerov, president and chief operating officer stated, “We made excellent progress on several key initiatives during the second quarter. We successfully transitioned key operations to new technology platforms and made great strides with our global store expansion and e-commerce efforts.” Ralph Lauren is capitalizing in direct-to-consumer growth opportunities in Asia through continuing its expansion of its global concession shops. The retailer raised its Fiscal 2014 revenue outlook to 5 to 7 percent growth.