Urban Outfitter posts 5% rise in holiday sales

Urban Outfitters has posted a 5% rise in holiday sales compared to the same two month period last year.

This was largely down to a double digit growth in its digital channel.

For the 11 months ended December 31 2018, total company net sales rose 10% over the same period last year. 

The group opened 17 new stores over the period and closed four.  The openings included five Urban Outfitters stores, five Free People stores, four Anthropologie Group stores, and three food and beverages restaurants.

Urban Outfitters Inc currently operates 626 locations across the world under its different brands.