Urban Planet, also known as Urban Behavior, is a unisex apparel retailer in Canada with a focus on clothes for young adults and teenagers.The Internet Fashion Database
Retrieved and verified on 2011-05-29 A

fast fashion Fast fashion is the business model of replicating recent catwalk trends and High fashion, high-fashion designs, mass production, mass-producing them at a low cost, and bringing them to retail quickly while demand is at its highest. The term ''fast ...

chain, it has been acquired by YM Inc. The store is mostly popular with people trying to keep up with today's fashion trends. Urban Planet targets teenage to young adult consumers with focus on affordability. It has over 100 locations across Canada.

History

Urban Planet and Urban Behavior have stores located all across Canada, the Eastern United States, and formerly the Middle East. All mall-based stores operate as unisex locations. The outlet locations in Toronto were divided along male and female clothing lines. In July 2008, CMT America Corporation, Urban Behavior's corporate parent in the United States, filed for Chapter 11 bankruptcy. Many of the US stores have subsequently been closed. The company has maintained its Canadian stores and continues a wholesale presence in the United States. In June 2011, CMT Canada, Urban Behavior's corporate parent, filed a Notice of Intention to Make a Proposal (“NOI”) pursuant to the provisions of the Bankruptcy and Insolvency Act (“BIA”). The NOI is a restructuring process and did not proceed to a liquidation or bankruptcy of the retailer. Approximately 24 of the existing 120 store locations across Canada were planned to be closed by August 31. Urban Planet opened a store in

New York New York most commonly refers to: * New York (state), a state in the northeastern United States * New York City, the most populous city in the United States, located in the state of New York New York may also refer to: Places United Kingdom * ...

in 2017. YM Inc. acquired Urban Behaviour in 2011 and had previously acquired Urban Planet years earlier. Urban Behavior was founded in 1989 by Arif Noor. It is now a sub-brand of Urban Planet, with 22 stores in Canada as of February 2021. Following the closure of

Forever 21 F21 OpCo LLC, trade name, doing business as Forever 21, was a multinational fast-fashion retailer. It was originally founded as Fashion 21 in Highland Park, Los Angeles, Highland Park, Los Angeles in 1984.Forever 21History & Facts, n.d. Retrieved ...

stores in Canada, Urban Planet carries Forever 21 clothing items inside their stores and online. Urban Planet also carries children clothes under the Urban Kids banner, and accessories. The chain has had controversies in the past. In 2016, the store was under fire for firing an employee after she had an allergic reaction on the job. In 2019, Urban Planet apologized after a racially insensitive word was used on merchandise.

References

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External links

The Internet Fashion Database
Companies based in Toronto Clothing companies established in 1989 Retail companies established in 1989 Clothing brands of Canada Clothing retailers of Canada Companies that filed for Chapter 11 bankruptcy in 2008 Companies that have filed for bankruptcy in Canada