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Former Aeropostale CEO returns to role
Mall-based specialty retailer Aeropostale has appointed Julian R. Geiger as CEO, effective immediately — a role he previously held until 2010. Geiger succeeds Thomas P. Johnson, a former Brooks Brother executive who replaced Geiger after he left.
In 2011, Geiger was appointed president and CEO of Crumbs Bake Shop. He resigned from Crumbs at the end of December 2013, and rejoined the Aeropostale board in May, and will remain a member.
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Urban Outfitters sees record Q2 sales, profit slides
Philadelphia -- Urban Outfitters Inc. reported that profit for the second quarter dipped to $67.5 million, compared with $76.4 million last year.
Revenue rose to a record $811 million from $758.5 million, solidly beating analysts’ projections of $805 million in sales. Same-store sales increased 21% at Free People and 6% at the Anthropologie Group, and decreased 10% at Urban Outfitters.
Urban Outfitters operates under the Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters banners.