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Urban Outfitters drives store roll-out

Urban Outfitters is planning retail expansion, focused on its Anthropologie chain, across Europe and the US as it reported strong like-for-like growth.

Urban Outfitters, which operates the Urban Outfitters and Anthropologie chains, will open 35 stores in 2011.

Among these will be Anthropologie’s first accessories and footwear store, which will be piloted in Maryland, US, and will carry 50% footwear, according to reports.

Within Europe, Urban Outfitters will focus its new store openings in the UK and Germany over the next 18 months before looking further afield, beginning with France. Most store openings will be for Anthropologie.

The company said it will open its first Japanese store in Tokyo in 2012.

Urban Outfitters made a turnover of $71.7m (£45.8m) in the three months to July 31, up from $49m (£31.3m) in the same period last year. Like-for-like sales grew 11% for the quarter. Like-for-likes at Anthropologie and Urban Outfitters increased 13 percent and 9 percent, respectively, for the quarter.

Urban Outfitters made two key roles redundant in the European division of its Anthropologie chain earlier this summer.

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