The fashion and lifestyle company has ended the year with record sales and a new leader for its namesake brand.
The fashion and lifestyle company, whose banners also include Anthropologie and Free People, appointed Francis Pierrel as President of Urban Outfitters, with responsibility for the brand in North America. He will report to Sheila Harrington, Global CEO of Urban Outfitters and the Free People Group.
Most recently, from 2016 to 2021, Pierrel served as CEO of Club Monaco. Prior to Club Monaco, he was president of stores and e-commerce for Ralph Lauren in North America. Pierrel has also held senior roles in wholesale, retail and e-commerce at Lacoste and Diesel across the US and Europe.
Urban Outfitters CEO Richard A. Hayne described Pierrel as a “seasoned omni-channel retail executive with deep experience in managing iconic brands across all channels – e-commerce, stores, and wholesale. We believe his strong leadership will greatly benefit the Urban Outfitters brand,” he said.
Urban Outfitters’ total company net sales rose to a record $1.332bn for the quarter ended 31 January, compared to $1.088 for the year-ago quarter. Net sales increased 13.9 per cent compared to the pre-pandemic quarter that ended 31 January 2020. (The company noted that, due to the material impact of Covid-19 on its business operations in fiscal 2021, it was comparing fiscal 2022 results to fiscal 2020.)
