Yoox Net-A-Porter, the top online luxury fashion retailer, has announced changes in its leadership with the appointment of Alison Loehnis as the interim CEO. The current CEO, Geoffroy Lefebvre, will be stepping down at the end of this month after serving the company for 11 years. Lefebvre’s departure is driven by his desire to pursue a private equity-backed entrepreneurial career outside of Richemont, the luxury goods group that owns Yoox Net-A-Porter.
Alison Loehnis is currently the President of Net-A-Porter and Mr Porter, Yoox Net-A-Porter’s luxury in-season retailers, as well as The Outnet, the company’s off-price operation. She has held this role since 2015 when Net-A-Porter merged with Italian e-commerce platform Yoox. Prior to that, Loehnis served as the President of Net-A-Porter starting from 2011. With her profound understanding of the fashion industry and expertise in brand partnerships and curation, Loehnis is recognized as a distinguished leader in the fashion world.
Under Loehnis’s leadership, Yoox Net-A-Porter has experienced significant growth and transformation. She has been instrumental in diversifying the product categories offered by the company and expanding into new markets. Her appointment as interim CEO comes at a crucial time as Yoox Net-A-Porter finalizes the sale of 47.5% and 3.2% of its share capital to Farfetch and Alabbar, respectively. This transaction is expected to be completed by the end of 2023.
During her tenure as interim CEO, Loehnis will report to Jérôme Lambert, the CEO of Richemont. Lambert expressed his gratitude towards Lefebvre for his contributions and innovations during his time with the company. He also commended Loehnis for her unwavering dedication to the customers and her fervent leadership qualities that will guide the business and its talented teams in this new chapter.
This leadership transition at Yoox Net-A-Porter reinforces the company’s commitment to driving innovation and delivering exceptional luxury fashion experiences to its global customer base. With Loehnis at the helm, the company is well-positioned for continued success and growth in the highly competitive online retail landscape. Stay tuned as Yoox Net-A-Porter embarks on this new journey towards even greater achievements.
Useful links:
– “How Yoox Net-A-Porter is Positioning Itself for the Next Decade”
– “Inside the Largest Deal in Online Luxury Fashion”
