The company looks to be addressing a limping footwear division, adding to a string of recent executive changes.
The Madewell business continued to expand rapidly, but not enough to offset weakness at J. Crew.
Retail, luxury stocks were uneven.
The ceo said Urban is showing some positive momentum after a year of shrinking sales and profits.
The French beauty group posted first-half net profits of 10.7 million, down 59.4 percent year-on-year.
Companies are said to be heading into the holiday season with cleaner inventory levels.
As sales of graphic Ts increase, that has helped boost sales of logo merchandise.
The megaretailer is nearing a settlement with the government stemming from allegations that an international expansion went too smoothly.