Daily Digest

Former Urban Outfitters CEO Invests in Opening Ceremony

Humberto Leon and Carol Lim of Opening Ceremony | Source: Roe Ethridge
“The founders of über-cool New York retailer Opening Ceremony, Humberto Leon and Carol Lim, have never been shy about their desire to expand their brand. And their first step on the way to high street domination is to team up with former Urban Outfitters CEO Glen Senk, whose investment firm Front Row Partners has, along with Boston-based firm Berkshire Partners, taken a minority stake in the 12-year-old label.”