Anthropologie is a retailer of high-end casual clothing run by Urban Outfitters, Inc.. A rather young apparel corporation, Anthropologie has used unique marketing and branding techniques to become a forerunner in women's fashion.[1]
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Contents
- 1 Brand
- 2 Items
- 3 Today
- 4 External links
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Brand
First founded in 1992, the brand is designed to follow customers of its parent company, Urban Outfitters, into the next stage of their life.[2] Founder Richard Hayne moved Anthropologie away from the focus of Urban Outfitters, which targeted hip and mode trends. Rather, this new concept was designed to appeal to 30- to 40-something affluent professional women with total family annual income above $200,000. [3] Picturing an ideal audience, the corporation targeted sophisticated women wanting unique, one-of-a-kind designs. This marketing technique is often compared to that of Kate Spade, selling a lifestyle rather than products.[4] Thus, Anthropologie became a pioneer in retail, becoming the first corporation to intentionally avoid advertising.[5]
Though the company does not advertise, its shoppers stay longer than most chain stores, averaging nearly 1 hour and 15 minutes.[6] The company allots the extra money towards furnishing individual stores. Every store is divided into retailing quadrants, each acting as its own store, displaying a theme and flavor of its own.[7]
Items
Anthropologie sells a wide range of merchandise. Though focusings on women's apparel and accessories, the company also sells furniture and home furnishings through its stores, catalog, and website. The company prides in its one-of-a-kind items. "Within the store are Indian hand-beaded picture frames, a hand-painted floral sconce based on a 1940s Italian original, glazed Japanese ceramics, and a rattan and teak British colonial sleigh bed. Prices range from the affordable ($7 for vegetable soap) to the luxurious ($12,000 for an antique Breton armoire)."[8]
Today
To maintain its image, the company avoids enclosed malls, preferring to locate on streets or open-air centers. Today, there are over 80 stores in 24 states. The brand has quickly gained popularity throughout the United States, averaging 40% annual revenue gain for the past 5 years.[9] The brand now stands for nearly 50% of Urban Outfitters annual revenue, at nearly $400 million in sales.
External links
- Anthropologie Official Website
Categories: Clothing brands | Clothing retailers | 1992 establishments