Urban Outfitters Inc. is an American overtly traded corporation. It possesses and manages for about 400 retail stores and 5 retail brand names, Free People, Anthropologie, BHLDN, Urban Outfitters and Terrain. In 1970, Urban Outfitters came into being as The Free Peoples Store in Philadelphia, Pennsylvania. It mainly focused on funny fashion and household goods. The name was changed as Urban Outfitters by Richard Hayne, now chairman and the owner. The goods that are sold has raised from bohemin, hipster, kitschy, vintage, retro, ironically humorous clothing and furnishings to comprise opulence brand names and numerous couturier group effort.