Urban Outfitters Announces Exclusive Distribution Agreement for Free People in Japan
"We are excited to partner with
"We are thrilled to be Free People's partner in
The multi-year agreement with
Free People is a specialty clothing brand featuring the latest trends and collections for women who live free through fashion, art, music and travel. The eclectic offering consists of quality apparel, shoes, and accessories that, through its design invoke femininity and creativity. Free People is sold and marketed globally through www.FreePeople.com and www.FreePeople.co.uk, as well as in specialty boutiques, top department stores, and the brand's own free standing retail locations in the U.S. and Canada. Additional information on Free People's wholesale business can be found at www.FreePeopleWholesale.com.
This news release is being made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Certain matters contained in this release may constitute forward-looking statements. When used in this release, the words "project," "believe," "plan," "anticipate," "expect" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any one, or all, of the following factors could cause actual financial results to differ materially from those financial results mentioned in the forward-looking statements: the difficulty in predicting and responding to shifts in fashion trends, changes in the level of competitive pricing and promotional activity and other industry factors, overall economic and market conditions and the resultant impact on consumer spending patterns, lowered levels of consumer confidence and higher levels of unemployment, continuation of lowered levels of consumer spending resulting from the continuing worldwide economic downturn and related debt crisis, any effects of terrorist acts or war, availability of suitable retail space for expansion, timing of store openings, risks associated with international expansion, seasonal fluctuations in gross sales, the departure of one or more key senior managers, import risks, including potential disruptions and changes in duties, tariffs and quotas, the closing of any of our distribution centers, our ability to protect our intellectual property rights, risks associated with internet sales, response to new store concepts, potential difficulty liquidating certain marketable security investments, changes in accounting standards and subjective assumptions, regulatory changes and legal matters and other risks identified in the Company's filings with the
Oona McCulloughDirector of Investor Relations (215) 454-4806