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Urban Outfitters is 'losing momentum'

2015-10-20 03:59:53| Apparel - Topix.net

Despite rolling out higher-ticket items like Adidas shoes and Calvin Klein underwear, the average price at Urban Outfitters was unchanged in the third quarter, analyst Eric Beder at Wunderlich Securities wrote in a note to clients. This means that Urban is having to sell merchandise on sale and clearance rather than full-price, according to Beder.

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