US-based apparel brand Urban Outfitters has appointed a new Chief Executive Officer (CEO). Sheila Harrington will be replacing outgoing CEO Trish Donnelly, who is exiting the firm to start a new career. Meanwhile, the retailer has, reportedly, announced that Harrington will continue to function as the CEO of Free People Group. Having rich experience with retail bigwigs like Gap and Bloomingdales, the American clothing retailer couldn’t have asked for a better replacement than her.
The Group has also promoted Gabrielle Conforti as the President of Urban Outfitters North America. Conforti is presently working as chief merchandising officer at Urban Outfitters. Emma Wisden will continue as the MD of Urban Outfitters Europe in addition to looking after brand’s wholesale business. Notably, both Conforti and Wisden will report to Harrington.
The Group recently released its financial results, wherein its net sales for the two months ended December 31, 2020 fell 8.4 per cent year-over-year. The retail comparable sales too dipped 9 per cent overall for the same period. The retailer hopes the business to improve in 2021 following some major reshuffle in top positions.
