American fashion chain Urban Outfitters is set to open its first store in Israel in the spring of 2018. Israel's retail giant Fox announced Thursday that it signed a 10-year franchise deal with Urban Outfitters Inc. Fox will also sell other Urban Outfitters brands, such as Anthropologie and Free People, both in its stores and online. Urban Outfitters is based in Philadelphia and has hundreds of stores primarily in North America and Europe, selling fashion apparel for men and women, as well as housewares and various accessories. It also sells to other specialized retailers, resulting in its products being sold in more than 1,400 locations worldwide. The chain has become increasingly popular with Israelis who travel abroad despite its relatively high price points. Urban Outfitters' revenue for 2016 totaled some $3.5 billion. Fox co-CEO Harel Wizel said on Thursday that he was "proud and excited" that his company was chosen to sell Urban Outfitters products in Israel.
