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November 28, 2024 - BY Glossy

Fashion Briefing: How Nuuly is riding the rental wave to 300,000 subscribers

URBN, the parent company of Urban Outfitters and Anthropologie, among other brands, announced a record earnings quarter this week. On Tuesday evening, the company posted a new high net income of $109 million for the third quarter. But it was at Nuuly, URBN’s rental business, which offers products from all of its brands and others outside its portfolio, that saw a real shot of growth.