Press release from GlobeNewswire (a Nasdaq OMX company)
Urban Outfitters Announces Appointment of Trish Donnelly, President of Urban Outfitters Brand, North America
Thursday, April 17, 2014
Urban Outfitters Announces Appointment of Trish Donnelly, President of Urban Outfitters Brand, North America06:41 EDT Thursday, April 17, 2014
PHILADELPHIA, April 17, 2014 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (Nasdaq:URBN), a leading lifestyle specialty retail company operating under the Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters brands, today announced the appointment of Trish Donnelly to the role of President of Urban Outfitters brand, North America reporting directly To Ted Marlow, Chief Executive Officer, Urban Outfitters Group, effective July 14, 2014.
"It is with great pleasure that Ted and I welcome Trish to the Urban Outfitters brand," said Richard A. Hayne, Chief Executive Officer. "Trish is a strong leader who brings with her a deep understanding of the direct-to-consumer channel as well as an extensive background in merchandising. We are delighted to have Trish join our executive team and believe she will play an instrumental role in the Urban brand's on-going growth story," finished Mr. Hayne.
Ms. Donnelly joins the Urban Outfitters brand from Steven Alan where she has served as President for almost three years. Prior to joining Steven Alan, she spent over seven years at J. Crew as the Executive Vice President of J. Crew Direct. Ms. Donnelly began her retail career with Ralph Lauren where she spent 12 years immersed within the merchandising organization.
Urban Outfitters, Inc. is an innovative specialty retail company which offers a variety of lifestyle merchandise to highly defined customer niches through 230 Urban Outfitters stores in the United States, Canada, and Europe, catalogs and websites; 187 Anthropologie stores in the United States, Canada and Europe, catalogs and websites; Free People wholesale, which sells its products to approximately 1,400 specialty stores and select department stores worldwide, 90 Free People stores in the United States and Canada, catalogs and websites; 2 Bhldn stores and a website and 2 Terrain garden centers and a website, as of January 31, 2014.
This news release is being made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Certain matters contained in this release may constitute forward-looking statements. When used in this release, the words "project," "believe," "plan," "will," "anticipate," "expect" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any one, or all, of the following factors could cause actual financial results to differ materially from those financial results mentioned in the forward-looking statements: the difficulty in predicting and responding to shifts in fashion trends, changes in the level of competitive pricing and promotional activity and other industry factors, overall economic and market conditions and the resultant impact on consumer spending patterns, lowered levels of consumer confidence and higher levels of unemployment, continuation of lowered levels of consumer spending resulting from the continuing worldwide economic downturn and related debt crisis, any effects of terrorist acts or war, natural disasters or severe weather conditions, availability of suitable retail space for expansion, timing of store openings, risks associated with international expansion, seasonal fluctuations in gross sales, the departure of one or more key senior executives, import risks, including potential disruptions and changes in duties, tariffs and quotas, the closing of any of our distribution centers, our ability to protect our intellectual property rights, risks associated with internet sales, response to new store concepts, changes in accounting standards and subjective assumptions, regulatory changes and legal matters and other risks identified in the Company's filings with the Securities and Exchange Commission. The Company disclaims any intent or obligation to update forward-looking statements even if experience or future changes make it clear that actual results may differ materially from any projected results expressed or implied therein.
CONTACT: Oona McCullough Director of Investor Relations (215) 454-4806