Urban Decay Eyes Expansion

Larry Thompson, formerly chief financial officer and executive vice president of Innovative Brands and controller at The Dial Corp., has been named CFO at Urban Decay, Newport Beach, CA. It is the first major executive move since private equity firm Castanea Partners purchased a controlling stake in Urban Decay earlier this year.

According to Urban Decay general manager Tim Warner, international revenues constitute about 20% of Urban Decay’s business, primarily from the U.K. However, he predicted that international sales could account for 50% of the total in 2013 or 2014. The brand is launching next year at Sephora in Spain, Italy, China and Southeast Asian countries.