US: Marlow rejoins Urban Outfitters brand as CEO
Tedford Marlow, former president of the Urban Outfitters brand, is rejoining the retailer as chief executive officer.
Marlow retired in 2010, after spending nine years in his previous role. He will be responsible for the Urban Outfitters brand globally.
"We are excited to have Ted rejoin our URBN team," said CEO Richard Hayne. "Ted is an exceptional leader with great vision and has an intimate knowledge of and appreciation for the brand."
Under Marlow's previous leadership, the Urban Outfitters brand grew revenues to over $1bn, opened more than 100 stores in the US, and expanded into Canada and continental Europe.
The company, which also operates the Anthropologie, Free People, BHLDN and Terrain brands, last month named Urban Outfitters co-founder, chairman and president Hayne as CEO following the resignation of long-time executive Glen Senk.
Retailer Urban Outfitters Inc has posed a 12% drop in first-quarter profit after the cost of opening new stories and higher markdowns on a few women's apparel lines offset a rise in sales....
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