Founded in 1970, Urban Outfitters, Inc. has grown from a single store near the University of Pennsylvania into a global retail portfolio operating nearly 800 stores across North America and Europe. The company's business is divided into three main segments: Retail, Wholesale, and Subscription. The Retail segment, which accounts for the vast majority of revenue, encompasses physical stores and digital channels for its core brands: Anthropologie (targeting women aged 28-45), Free People (bohemian apparel), and Urban Outfitters (targeting young adults aged 18-28). The Wholesale segment distributes Free People and other brands to department and specialty stores. Additionally, URBN operates Nuuly, a rapidly growing clothing rental and resale subscription service, and a Food and Beverage division called Menus & Venues.
