Urban Outfitters Announces the Appointment of Oona McCullough as Director of Investor Relations
PHILADELPHIA, Jun 1, 2010 (GlobeNewswire via COMTEX) --Urban Outfitters, Inc. (Nasdaq:URBN), a leading lifestyle specialty retail company operating under the Anthropologie, Free People, Leifsdottir, Terrain and Urban Outfitters brands, today announced the appointment of Oona McCullough as Director of Investor Relations. Ms. McCullough will assume responsibility for directing the investor relations function from John Kyees, the current Chief Investor Relations Officer, upon his retirement on June 30, 2010.
Ms. McCullough brings more than 14 years of experience in capital markets research and strategy to Urban Outfitters, Inc. Most recently, she was a Vice President at BlackRock, Inc., where she performed equity research on the consumer sector, focusing on the specialty retail industry. Prior to BlackRock, Inc., Ms. McCullough was Vice President of equity research at Boston Partners Asset Management, L.L.P. She began her professional career with Coopers and Lybrand where she conducted due diligence on mergers and acquisitions. Ms. McCullough holds a B.A. from Wellesley College and a MBA from NYU Stern School of Business.
"We are delighted to welcome Oona to the Urban Outfitters team," said Eric Artz, Chief Financial Officer. "Oona's fresh perspective and capital markets expertise will enhance our ability to effectively communicate to our shareholders and the investment community," finished Mr. Artz.
Urban Outfitters, Inc. is an innovative specialty retail company which offers a variety of lifestyle merchandise to highly defined customer niches through 157 Urban Outfitters stores in the United States, Canada, and Europe, a catalog and two web sites; 142 Anthropologie stores in the United States, Canada and Europe, a catalog and two web sites; Free People wholesale, which sells to approximately 1,400 specialty store and select department stores; 35 Free People stores, a catalog and web site; Leifsdottir wholesale, which sells its product to approximately 65 specialty and select department stores; a Leifsdottir web site and one Terrain garden center and web site as of April 30, 2010.
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 filing may constitute forward-looking statements. 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, including any effects of terrorist acts or war, availability of suitable retail space for expansion, timing of store openings, seasonal fluctuations in gross sales, the departure of one or more key senior managers, import risks, including potential disruptions and changes in duties, tariffs and quotas and other risks identified in 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.
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SOURCE: Urban Outfitters, Inc.
CONTACT: Urban Outfitters, Inc. John Kyees, Chief Investor Relations Officer (215) 454-5500