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Stock impact report

Purpose At Work: How Brands Lead With Their Purpose To Combat The Coronavirus [Forbes]

Urban Outfitters, Inc. (URBN) 
Last urban outfitters, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.urbn.com/investor-relations
Company Research Source: Forbes
Fears over the coronavirus are impacting businesses, employees and consumers around the world. While these are difficult times, the global economy will continue. Now more than ever, brands must put their purpose to work to employee and consumer confidence. Many responsible businesses are shutting their doors to support social distancing. ers like Apple, Patagonia and Urban Outfitters are closing up shop for over a week. Lululemon will stop offering yoga classes and SoulCycle is limiting occupancy to 50 percent capacity. On the other hand, some companies are staying open. This is especially concerning in the grocery and food service industries. Most low-wage workers can’t pay their bills if they don’t work. At the same time, many employers don’t offer paid sick leave. This not only puts employees in a tough situation, it endangers the public. In response to the pandemic, the government implemented a temporary policy that will provide employees in some industries up to 10 days of paid s Show less Read more
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