Urban Outfitters prez selected for prestigious Philly business award

Richard Hayne, co-founder and president of Urban Outfitters, opened his first store in 1970 with a $4,500 investment.

Urban Outfitters Co-Founder and President, Richard Hayne, was selected out of over 100 nominees to be presented with the prestigious Edward Powell award in 2011, according to a Dec. 30th release.

The Edward Powell award, established in 1941 by a Philadelphia manufacturer, includes a $100,000 cash prize funded by Powell’s trust. It is given once every four years to a Philadelphia business leader “whose individual efforts and personal application to the
Manufacturing and Commercial interest of the City of Philadelphia has
produced the best results during the past four years, for the benefit
and prosperity of the City of Philadelphia.”

The Board of Directors of City Trusts chose Hayne because of Urban Outfitter’s meteoric rise to success – Hayne initially invested $4,500 in the West Philadelphia business in 1970 – and sustained local roots despite global success.

“His story is a perfect example of what Philadelphians can accomplish when they strive for greatness,” Mayor Michael Nutter said in a statement.  “The City of Philadelphia is committed to helping local businesses thrive.  I encourage every business owner, regardless of the size of enterprise, to utilize the resources available in our city – from the City operated Small Businesses Service Portal to the Office of Business Services – we are working to help every Philadelphia-based company achieve the same level of success as Urban Outfitters, Inc.”

“He founded Urban Outfitters in Philadelphia and grew it into an international retail success story, now housed in a critically acclaimed headquarters at the Navy Yard,” said Chairman of the Selection Committee William Hankowsky. “He has taken that success and given back to his hometown in numerous ways.



News
Entertainment
Sports
Lifestyle
National

Mutant worms stay sober, even on alcohol

U.S. researchers have developed "mutant worms" that do not get drunk by alcohol, a breakthrough that could lead to new treatment for people trying to quit drinking

Local

K-9 nose helps capture $150K in cocaine at…

A furry, four-legged security agent helped authorities stop an illegal cocaine shipment from sneaking past JFK customs.

National

Minnesota man asked to leave Southwest flight after…

A man and his two sons were asked to leave a Southwest Airlines flight after the man sent a tweet complaining about being treated rudely by a gate agent.

National

Man sues hospital after surprise penis amputation

An Alabama man who went in to a hospital last month for a circumcision awoke after surgery to find his penis had been amputated, his lawyer said on Thursday.

Movies

Review: Brett Ratner's big 'Hercules' movie is small…

The latest "Hercules," starring Dwayne Johnson as the half-god beefcake of Greek myth, strips its hero and tale of most of its fantastical elements.

Arts

Scientists recreate world's smallest Monet copy

Scientists have reproduced a famous Impressionist painting using nano-printing, to create what has been described as the world's smallest work of art. Reworked at the…

Television

Jerry Seinfeld is ambidextrous, and other Reddit AMA…

See some of the weirder highlights of Jerry Seinfeld's recent Reddit AMA.

Going Out

Grab a pedestrian and start dancing at What…

As a New Yorker, I’ve mastered the art of focusing my gaze straight ahead. Though it occasionally piques my interest, the absurdities that play out…

U.S. Soccer

Orlando City takes shot at NYCFC over Frank…

Orlando City reminded the world how big a signing Brazilian star Kaka earlier this month with a photo of Kaka mobbed by fans juxtaposed against Lampard.

NBA

Jeremy Lin says 'Linsanity' is over as he…

Jeremy Lin lit up the NBA two years ago with his play for the Knicks but he has no desire to recreate "Linsanity" in his new career with the Lakers.

NFL

2014 NFL Fantasy Football Top 100 overall player…

2014 NFL Fantasy Football Top 100 overall player rankings

U.S. Soccer

NYCFC announce signing of Frank Lampard

The tease of a big signing Thursday by new MLS side NYCFC ended up being one rumored for weeks. England midfielder Frank Lampard agreed to…

Tech

Forget Wi-Fi: Li-Fi could be the future

Li-Fi technology – developed by Mexican company Sisoft – is wireless internet connectivity using specialized LED light.

Tech

Weather app Climendo might be the most accurate…

The wait for a truly accurate weather forecast could finally be over thanks to a nifty new app called Climendo.

Tech

Napkin Table puts focus off the phone and…

Michael Jan, a design student at Tunghai University in Taiwan, has invented a serviette-picnic blanket hybrid called the Napkin Table.

Style

Essie's new Color Boutique

Essie launches high-tech kiosks at major airports and malls across the country.