Richard Hayne

Last updated
Richard Hayne
Born (1947-05-26) May 26, 1947 (age 76) [1]
Alma mater Lehigh University
SpouseMargaret Hayne

Richard Hayne (born May 26, 1947) is the president and CEO of Urban Outfitters, an American chain of clothing retailers. Hayne has served as chairman and president since 1976. In 2012, he became CEO following the retirement of Glen Senk. [2] According to the Forbes, Hayne dropped off the Forbes 400 list in 2015. As of March 2019, Hayne ranked #1818 on Forbe's Billionaires 2019 list. [3]

Contents

Early life and career

Hayne is a 1969 graduate of Lehigh University with a degree in anthropology. [4]

He co-founded Urban Outfitters, Inc., in 1970 with former wife, Judy Wicks. [5] The couple divorced a year later. [5] The first store was located on the campus of the University of Pennsylvania. Today, the company operates over 400 stores under four brands: Urban Outfitters, Free People, Anthropologie and Terrain, a gardening brand which has standalone stores in Westport, Connecticut, Devon, Pennsylvania and Glen Mills, Pennsylvania. [6] [7]

Personal life

Hayne's current wife, Margaret Hayne, joined Urban Outfitters in August 1982. [8] He and his wife have been criticized for donating about $13,000 to then-Senator Rick Santorum until 2006, when Santorum lost his seat to Bob Casey, Jr. [9] They also came under fire after Urban Outfitters hastily retracted a shirt advocating support for same-sex marriage in the wake of the passage of California's Prop 8 in 2008. [6] [10] [11] The company later partnered with the National Center for Lesbian Rights to release a different shirt expressing support for same-sex marriage in 2009. [12] He has avoided stating his own views on homosexuality. [13] The company also partner with gay YouTuber Connor Franta to sell a limited clothing line at the 8 largest stores to raise money for GLSEN. [14] The Haynes have five children, David, Jonathan, Sarah, Annesley ’12, and Judson. They reside in Coatesville, Pennsylvania where they operate the Doe Run Dairy farm. [15]

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References

  1. ↑ "Lehigh alumnus Richard Hayne builds Urban Outfitters empire". 8 March 2013.
  2. ↑ Li, Shan (2012-01-11). "Urban Outfitters CEO Glen Senk replaced by co-founder Richard Hayne". LA Times . Retrieved 2012-03-28.
  3. ↑ "Richard Hayne". Forbes. Retrieved 2019-03-06.
  4. ↑ Brown, Heidi (2004-11-01). "Urban Cowboy". Forbes . Retrieved 2012-03-28.
  5. 1 2 McCuan, Jess. "Judy Wicks, White Dog Enterprises". Inc. Retrieved 3 June 2012.
  6. 1 2 Valania, Jonathan (2003-06-11). "Clothes Make the Man". Philadelphia Weekly . Archived from the original on 2013-01-31. Retrieved 2012-03-28.
  7. ↑ businessoffashion.com Will Anthropologie Win Where Traditional Department Stores Have Failed? LAUREN SHERMAN, OCTOBER 11, 2016
  8. ↑ "Margaret Hayne". Forbes. 2010. Archived from the original on May 3, 2009. Retrieved 3 June 2012.
  9. ↑ "Facebook post claims Urban Outfitters CEO backs Santorum". PolitiFact Florida. April 4, 2012. Retrieved 18 April 2012.
  10. ↑ Grundy, Kim (May 27, 2011). "Miley Cyrus calls Urban Outfitters shady and anti-gay". SheKnows Media .
  11. ↑ "Richard Hayne". Snopes.com. 27 March 2012. Retrieved 2012-03-28.
  12. ↑ Kendell, Kate (February 2009). "Urban Outfitters Supports Marriage Equality". On the Docket. National Center for Lesbian Rights. Retrieved 18 April 2012.
  13. ↑ Valania, Jonathan (Jun 11, 2003). "Clothes Make the Man: Like Jack and his magic beanstalk, Urban Outfitters President Richard Hayne turned a few hippie beans into a hip $700 million retail empire". Philadelphia Weekly. Archived from the original on 8 September 2012. Retrieved 18 April 2012.
  14. ↑ "About: Common Culture + Urban Outfitters - Urban Outfitters - Blog". blog.urbanoutfitters.com. Retrieved 2017-01-27.
  15. ↑ "Doe Run Farm". The Hunt Magazine. 2011-03-02. Retrieved 2021-07-14.
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