Urban Outfitters Appoints James Bidwell Managing Director of Anthropologie Europe
"We are excited that James will spearhead Anthropologie's growth in Europe and the UK," said URBN CEO, Glen T. Senk. "James is a perfect fit with Anthropologie's culture, which values creativity, initiative and a genuine love of the customer. His significant experience in brand development and marketing combined with his global perspective will make him essential to Anthropologie's successful expansion abroad."
Mr. Bidwell joins Anthropologie from Visit London, formerly the London Tourist Board, where he has served as Chief Executive since 2005. Prior to Visit London, he held the position of Marketing Director at Selfridges.
"Anthropologie is an amazing concept, business and brand," said James Bidwell. "By combining a truly innovative and inspirational store experience with highly creative and engaging product, I am sure that Anthropologie will be as well received in London and the rest of Europe as it is in the United States." Mr. Bidwell continued, "I am thrilled to be joining an exceptional team at a very exciting time. This is a fantastic opportunity."
Mr. Bidwell will report to Glen Senk, Chief Executive Officer of URBN and be based at the brand's new London office.
Urban Outfitters, Inc. is an innovative specialty retail company which offers a variety of lifestyle merchandise to highly defined customer niches through 132 Urban Outfitters stores in the United States, Canada, and Europe, two web sites and a catalog; 115 Anthropologie stores, a web site, catalog and Leifsdottir, Anthropologie's recently launched wholesale concept; Free People Wholesale, which sells its product to approximately 1,700 specialty stores and select department stores; 21 Free People stores, a web-site and catalog; and 1 Terrain garden center as of July 31, 2008.
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 release 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.Urban Outfitters, Inc.
John Kyees, Chief Financial Officer