Urban Outfitters, Inc. (Urban Outfitters) is a specialty retail company that offers a variety of lifestyle merchandise. The Company operates its business under two segments: Retail and Wholesale. The Retail segment consists of the Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold directly to the Company’s customers through retail stores, websites, mobile applications, catalogs and customer contact centers. The Company’s retail stores offer fashion apparel, accessories and home goods. As of January 31, 2014, the Company operated 511 stores, of which 442 were located in the United States, 44 stores in Europe and 25 stores in Canada. The Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young women’s contemporary casual apparel and sells the merchandise through approximately 1,400 department and specialty stores across the world.