Online fashion retailer Yoox Net-A-Porter Group (Ynap) is making a leadership change. On Tuesday, the e-commerce specialist announced that CEO Geoffroy Lefebvre would be leaving the company to “embark on a new entrepreneurial career supported by private equity investors”.
At the same time, the retailer presented a temporary successor. Alison Loehnis has been appointed interim CEO effective October 31, according to a statement. Loehnis joined Net-A-Porter in 2007 and has served as President of the Net-A-Porter, Mr Porter and The Outnet platforms since the company’s merger with Yoox in 2015.
Loehnis is now to hold her new post as interim CEO until the change of ownership, which has already been decided. The Swiss group Compagnie Financière Richemont SA (Richemont) announced in August that it would sell its majority stake in Ynap. According to an agreement, the e-commerce company Farfetch Ltd. acquire a stake of 47.5 percent and Dubai-based businessman Mohamed Alabbar acquire a 3.2 percent stake through his investment company Symphony Global.
After the closing of the two transactions, which is expected by the end of 2023 at the latest, a new, permanent CEO of Ynap will be appointed, the company announced. Until then, Loehnis will report to Jérôme Lambert, CEO of Richemont.
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