×
59 842
Fashion Jobs
NORDSTROM
Asset Protection Agent - Canyon Springs Rack (Riverside, ca)
Permanent · Riverside
PUMA
Junior Manager, Marketing - Ecomm (CRM/Sms)
Permanent · Somerville
CENTRIC BRANDS
Manager, Sales Operations
Permanent · New York
LULULEMON
Assistant Manager, Operations | Southport, Chicago
Permanent · Chicago
DISTRIBUTION CENTERS
Studio Coordinator
Permanent · Dallas
OLD NAVY
District Manager - Kansas City
Permanent · San Francisco
OLD NAVY
District Manager - Kansas City
Permanent · Kansas City
OLD NAVY
General Manager - Shoppes at Gilbert
Permanent · Gilbert
OLD NAVY
Asset Protection Service Representative - Upper Darby
Permanent · Upper Darby
OLD NAVY
Assistant General Manager - n Georgia Premium
Permanent · Dawsonville
OLD NAVY
General Manager - Hilliard
Permanent · Hilliard
OLD NAVY
Assistant Manager, Customer Operations - Pavilion @ Durbin Park
Permanent · Saint Johns
OLD NAVY
General Manager - Oklahoma City Outlets
Permanent · Oklahoma City
OLD NAVY
Assistant Manager, Customer Operations - Peninsula Center
Permanent · Rolling Hills Estates
OLD NAVY
Assistant General Manager, Merchandising - Firewheel t/c
Permanent · Garland
OLD NAVY
General Manager - Great Mall
Permanent · Milpitas
OLD NAVY
General Manager - Broadway Plaza
Permanent · Walnut Creek
OLD NAVY
Assistant Manager, Customer Operations - Valley Fair Mall - ut
Permanent · West Valley City
OLD NAVY
General Manager - Bridge Street t/c
Permanent · Huntsville
OLD NAVY
Assistant Manager, Customer Operations - Mall Park Center
Permanent · Elizabethtown
OLD NAVY
Assistant Manager, Customer Operations - Montgomery - md
Permanent · Bethesda
OLD NAVY
General Manager - Oglethorpe Mall
Permanent · Savannah
By
Reuters
Published
Feb 5, 2012
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Urban Outfitters rises as Street cheers executive appointment

By
Reuters
Published
Feb 5, 2012

Shares of Urban Outfitters Inc (URBN.O) rose as much as 7 percent, after the women's apparel retailer said Tedford Marlow will return to the company as the chief executive of its namesake brand.

"We like the idea of putting executives back in roles in which they were previously successful, and we think this story is lining up well for 2012," Barclays Capital analyst Stacy Pak wrote in a client note.

Analyst Pak, who raised her price target on the stock to $29 from $27, said Marlow will reinvigorate the brand as well as the people who work there.

"(Marlow's appointment) demonstrates that new CEO, Hayne, is taking the right steps to solve recent challenges and return the company to its historical growth rates," Roth Capital Partners analyst Elizabeth Pierce, who kept her "buy" rating on the stock, wrote.

Last month, Urban Outfitters, which operates the Anthropologie, Free People and Terrain stores apart from its namesake chain, said co-founder Richard Hayne would replace Glen Senk as CEO in a surprise move.

The company has been criticized for unattractive merchandise which led to a build-up in inventory and hurt gross margins.

On Thursday, the company announced that Marlow, who had retired in early 2010 after spending nine years as the president of Urban Outfitters brand, would return to lead the brand globally.

Shares of the Philadelphia-based company were trading up about 6 percent at $27.96 on Friday morning. They touched a high of $28.28 earlier In the session.

(Reporting by Ranjita Ganesan; Editing by Joyjeet Das)

© Thomson Reuters 2022 All rights reserved.