1. Merchandising

Urban Outfitters’ Nuuly rental business turns a profit in Q3

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Dive Brief

In addition to a swing into the black with $300,000 in operating profit, sales soared 86% at the unit, which also offers some resale.

Urban Outfitters launches Nuuly Thrift.

The Nuuly mobile app. The rental and resale business run by Urban Outfitters turned a profit in the third quarter and reached its subscriber goal in November.

Courtesy of Urban Outfitters

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