Content about Urban Outfitters

PHILADELPHIA — Urban Outfitters Inc. said its same-stores sales for the holiday season rose 9%, including its direct-to-consumer business. Excluding that unit, same-store sales fell 1%.

Total company net sales for November and December increased 15% to $666 million.

Among Urban Outfitters’ brands, comparable sales increased 33% at Free People, 10% at Urban Outfitters and 5% at Anthropologie. Direct-to-consumer net sales increased by 38% for the period and wholesale segment net sales increased 21%.

SEATTLE — REI (Recreational Equipment Inc.) announced that retail and outdoor industry veteran Eric Artz will join the company as chief financial officer in May. Artz comes to REI from Urban Outfitters.

PHILADELPHIA — Urban Outfitters' performance in the fourth quarter indicate that while consumers may still enjoy its trendy products, they aren't going to its stores to get them.

The company reported that comparable-store net sales decreased 1% for the quarter. However, direct-to-consumer comparable-net sales increased 14%. Combined combarable-retail-segment net sales increased 2% for the quarter. Total sales for the quarter rose 9% to $731 million.

For the year ended Jan. 31, total net sales increased to $2.5 billion.

PHILADELPHIA — Urban Outfitters announced Tuesday that Glen T. Senk has resigned as CEO, effective Jan. 9. The company named chairman and co-founder Richard Hayne as his replacement.

Senk, 55, joined the company in 1994 as president of Anthropologie. He became a director in 2004 and CEO in 2007. Senk indicated that he plans to pursue another opportunity, but that he will remain with the company for a period of time to assist management with the transition. He has also resigned from the board of directors.

PHILADELPHIA — Urban Outfitters Monday announced leadership changes at Anthropologie, Terrain and Urban Outfitters.

David McCreight has been appointed CEO Anthropologie Group, effective Nov. 15. In this new role, McCreight will be responsible for Anthropologie North America, Anthropologie Europe and BHLDN.

PHILADELPHIA — Urban Outfitters, which caters to a clientele with a unique and forward-looking approach to fashion and lifestyle merchandise, missed the mark during the second quarter, reporting a 21% profit decline and a same-store sales slip of 2%.

The company reported that earnings for the quarter were $56.7 million compared $71.7 million a year earlier. The company blamed increased expenses related to investments in e-commerce, retail catalogs and technology for the performance slip.

PHILADELPHIA -- Urban Outfitters announced that its Leifsdottir brand will now be sold exclusively at Anthropologie stores and through its direct-to-consumer business, and will no longer be available for wholesale distribution with the conclusion of spring deliveries. Johanna Uurasjarvi, creative director Leifsdottir, will return to the Anthropologie brand as executive creative director Anthropologie product design.

PHILADELPHIA -- Urban Outfitters reported Monday that net income for the quarter ended Jan. 31 dipped slightly to $75 million, compared with $77 million in the year-ago period.

For the full year, profit rose to $273 million from $220 million a year earlier.

Fourth-quarter net sales rose 14% to $668 million. Same-store sales for the quarter increased 4%. By brand, same-store sales rose 1% at Anthropologie, 28% at Free People and 5% for Urban Outfitters.