Urban Outfitters, Inc.
URBN
Consumer Discretionary
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Urban Outfitters, Inc. derives significant revenue from the sale of apparel and accessories made from animal-derived materials across its Urban Outfitters, Anthropologie, and Free People brands. These materials include wool, cashmere, mohair, and down feathers, which are core product categories for the company.
The company has been the subject of sustained international campaigns by animal rights organizations, including PETA, which became a shareholder to press for change. Investigations have documented cruelty inherent in these supply chains, including exposés on the down industry that revealed birds being electrocuted and having their throats slit. Despite this public evidence and ongoing protests at store locations, the company continues to sell these materials without announcing a phase-out of animal-derived products or adopting a formal animal welfare policy.
Research Sources
1 organization
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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