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Urban Outfitters’ CEO Glen Senk Quits, Causes Stock to Tank

Fashionista

in Fashion on 11 January 2012, 09:47

Urban Outfitters’ CEO Glen Senk Quits, Causes Stock to Tank’

If 2011 was hard on Urban Outfitters, what with the Navajo-undies-lawsuit and falling stock price, then 2012 is shaping up to be an even bigger challenge: Yesterday, it was announced that the retailer’s CEO Glen Senk had resigned, reports WWD. It’s a huge blow for the retailer, who was already losing investors’ confidence fast in 2011. Senk is very well-respected in the industry, and is credited with much of Urban’s success from 2008 on, and his sudden departure from the... Continue reading »

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