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News Watch
- 11/18/2009 4:06:54 PM
By Chip Brian, SmarTrend Analytics Team
11/18/2009-Clothing retailer Urban Outfitters (NASDAQ:URBN) is reportedly looking to acquire a set of brands that may add as much as $500 million to its annual revenue stream.
According to comments made by CFO John Kyees, if the right opportunity were to present itself, the company may acquire brands sold at department stores or specialty stores.
However, the CFO added that the company only plans on looking at brands that do not compete with its current holdings.
Contact Chip Brian
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