Urban Outfitters Chain Names New President shop-eat-surf.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shop-eat-surf.com Daily Mail and Mail on Sunday newspapers.
US retailer Urban Outfitters is shaking up its management as Trish Donnelly prepares to step down as CEO of its namesake brand at the end of the month to pursue a new career opportunity.
Following Donelly s departure on 31 January, Free People boss Sheila Harrington will become CEO for both Urban Outfitters Group and Free People Group.
In addition, Gabrielle Conforti, currently the chief merchandising officer for the Urban Outfitters brand, has been promoted to president, Urban Outfitters North America, while Emma Wisden will continue as managing director, Urban Outfitters Europe, and will lead the Urban Outfitters brand wholesale business. Both Conforti and Wisden will report to Harrington.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
URBN Reports Holiday Sales and Management Changes
Urban Outfitters, Inc.January 12, 2021 GMT
PHILADELPHIA, Jan. 12, 2021 (GLOBE NEWSWIRE) Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of the Anthropologie, BHLDN, Free People, FP Movement, Terrain, Urban Outfitters, Nuuly and Menus & Venues brands, today announced net sales for the two and eleven months ended December 31, 2020.
Total Company net sales for the two months ended December 31, 2020, decreased 8.4% over the same period last year. Comparable Retail segment net sales decreased 9% due to negative retail store net sales as stronger conversion rates could not offset the reduced store traffic as a result of the coronavirus pandemic and related restrictions. Lower store net sales were partially offset by strong double-digit gro