Urban Outfitters Stock Rises 23% on Earnings Beat. Tariffs Are a ‘Temporary Headwind.’
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Tariffs are threatening the accuracy of fall fashion trends by forcing earlier clothing shipments amid supply-chain headaches, Urban Outfitters CEO says
The fashion industry had a unique concern about the impact of tariffs. Continued uncertainty has pushed Urban Outfitters to move up shipments of its fall product, putting it at an increased risk of miscalculating fall fashion trends. Apparel retailers must strike a balance in giving themselves time to predict new styles, while also shipping inventory early enough to sell it all to consumers, Northeastern University professor Shawn Bhimani told F…
·New York, United States
Read Full ArticleUrban Outfitters Navigates Tariff Headwinds With Diversification Strategies: No Country 'Accounts For More Than 25%' Of Production - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
Urban Outfitters highlighted that it was navigating the tariff-induced headwinds with its diversification strategies.
·New York, United States
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