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Urban Outfitters sales grow 13% in Q3

Urban Outfitters, which operates the Urban Outfitters and Anthropologie chains, has posted a 17% rise to $73m (£45.4m) in pre-tax profit for the third quarter of the year.

Sales increased 13% to $574m (£357m) for the three months to October 31.

The company said revenue at its largest retailer, young fashion chain Urban Outfitters, rose 11% to nearly $266m (£165.5m). Womenswear chain Anthropologie’s sales jumped 14% to $247.5m (£154m).

Sales at Urban Outfitters’ womenswear wholesale brand Free People rose 24% to $56m (£34.9m) but sales at its other brands - which include premium womenswear brand Leifsdottir - dipped from $4.1m (£2.6m) to $3.9m (£2.4m).

Urban Outfitters did not split out UK and Europe in its results.

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