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24 May

Urban Outfitters Post Solid First-quarter Results

Urban Outfitters Inc. posted a solid first-quarter report card, citing top- and bottom-line gains and momentum on the Free People and Anthropologie groups. Net income for the quarter ended April 30 jumped to $52.82 million from $31.53 million within the year-ago period. Earnings per diluted share rose to $0.56 from $0.33 a yr ago. Total company net sales increased 5.9 percent to $1.11 billion, from $1.05 billion within the year-ago period. The financial report, released after the stock market closed, apparently pleased investors who pushed the share price up 8 percent, or $2.16, to $28.82. “The hostile operating environment of the last three years has finally abated,” Richard A. Hayne, chief executive officer, said during a conference call Tuesday after the outcomes were released....
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29 Dec

And One other One! MacKenzie Scott Gives $2.5M To

MacKenzie Scott just added yet one more life-changing philanthropic move to her long list of donations, and its poised to vary the lives of countless Black children. In a news release, Urban Ed Academy (UEA) recently announced their receipt of a $2.5 million donation from the philanthropist, whose net value reportedly hovers around $20.2B. Scott has already given away nearly $2 billion in donations to greater than 343 organizations, lots of which which are in support of bolstering underserved communities. The Bay-area based organization goals to encourage and support Black men in pursuing a profession in education through their Man the Bay program. They said that ‘with the transformative donation, they are going to have the opportunity to proceed their 12 years of...
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16 Dec

And One other One! MacKenzie Scott Gives $2.5M To

MacKenzie Scott just added yet one more life-changing philanthropic move to her long list of donations, and its poised to alter the lives of countless Black children. In a news release, Urban Ed Academy (UEA) recently announced their receipt of a $2.5 million donation from the philanthropist, whose net value reportedly hovers around $20.2B. Scott has already given away nearly $2 billion in donations to greater than 343 organizations, lots of which which can be in support of bolstering underserved communities. The Bay-area based organization goals to encourage and support Black men in pursuing a profession in education through their Man the Bay program. They said that ‘with the transformative donation, they'll give you the option to proceed their 12 years of critical...
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28 Nov

The CEO Of Urban Skin Rx Responds To Brand

There was loads of speculation on social media across the skincare brand, Urban Skin Rx — known to acknowledge, represent and advocate for accessible clinical skincare for diverse skin tones.  Questions surrounding the ownership of the brand have been circulating on the web with some questioning whether or not the brand is Black-owned and if it was actually stolen from a Black woman. There have also been rumors that a black female chemist was forced out of her position inside the company.  Adding to the drama, in January 2022, Urban Skin Rx was called out by social media influencer @longlegzk for leaving a comment which undermined cultural appropriation, based on Blavity. The brand immediately denied having anything to do with the...
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