Philly’s Vetri Family Sells to Urban Outfitters: A deal between the two Philadelphia-based businesses Urban Outfitters and the Vettri Family is reportedly expected to be completed by the end of the year.
The deal between the two Philadelphia-based businesses is expected to be completed by the end of the year and includes Osteria, Amis, Alla Spina, Lo Spiedo. “URBN will get a jump on the food game,” as part of the deal, Philly.com reported. “Integrating restaurants next to its clothing stores in so-called lifestyle centers.”
Eater.com reported that Mr. Hayne said of the partnership: "Having known Marc for almost a decade and partnered with him through his charitable foundation, we are honored to have him, Jeff and the Vetri family join the URBN team. Spending on casual dining is expanding rapidly, and thus, we believe there is tremendous opportunity to expand the Pizzeria Vetri concept."