Urban Outfitters Exits Chinese Market

Urban Outfitters is shuttering its flagship store on the Tmall website on September 12, 2021, a move that will mark the brand’s exit from China as the company will no longer have a physical presence in the country and will not sell through any other eCommerce platforms.

According to an update posted on the company’s Weibo account, the move to exit China is part of its effort to adjust its global…