SOURCE: World Street Fundamentals

July 07, 2011 09:00 ET

Equity Research on Urban Outfitters, Inc. and Abercrombie & Fitch Co. -- Fits Like a Glove

HONG KONG--(Marketwire - Jul 7, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Urban Outfitters, Inc. and Abercrombie & Fitch Co. Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

Due to a weakened economy and higher unemployment rates, lackluster discretionary income growth could cause irritability in the apparel and accessories demand. Accessories and differentiated fashion continue to outperform the category, but at a slower pace. Strong luxury brands are estimated to rebound extending throughout 2011, reflecting core luxury shoppers. According to NPD consumer estimated data, first-quarter 2011 apparel sales declined 1.6%. According to the U.S. Department of Commerce, sales at clothing and accessories stores rose 4.1% year to year in the 2011 first quarter.

World Street Fundamentals has highlighted Urban Outfitters, Inc. as a lifestyle specialty retail company that operates under the Urban Outfitters, Anthropologie, Free People and Terrain brands. The Company also operates a wholesale segment under the Free People and Leifsdottir brands. Its retail stores offer differentiated collections of fashion apparel, accessories and home goods. In addition to its retail stores, the Company offers its products and markets its brands directly to the consumer through its e-commerce Websites, www.urbanoutfitters.com, www.anthropologie.com, www.freepeople.com, www.urbanoutfitters.co.uk and www.shopterrain.com, and also through its Urban Outfitters, Anthropologie and Free People catalogs. The entire report on Urban Outfitters, Inc. is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has emphasized Abercrombie & Fitch Co. as a specialty retailer that operates stores and direct-to-consumer operations selling casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters, outerwear, personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids, and Hollister brands. In addition, the Company operates stores and direct-to-consumer operations offering bras, underwear, personal care products, sleepwear and at-home products for women under the Gilly Hicks brand. The entire report on Abercrombie & Fitch Co. is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

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