Yoox Net-A-Porter appoints new CEO

Yoox Net-A-Porter group has announced the appointment of Geoffroy Lefebvre as CEO, a position which will take effect from 4 January 2021.

Federico Marchetti will reportedly remain chairman of the group to “ensure a successful transition”, whilst Lefebvre operates as the group digital distribution director at Richemont.

Johann Rupert, chairman of Richemont, said: “Richemont’s digital journey, since our first investment in Net-A-Porter in 2002, to my encounter with a visionary entrepreneur, Federico Marchetti, that led in 2015 to the creation of the Yoox Net-A-Porter group, then its acquisition in 2018, has been fascinating in many ways.

“I wish Federico all the best for his future career. And I am happy to introduce Geoffroy, who has been driving the expansion of Richemont’s e-Commerce for the past two years after several other executive positions within the group.”

Marchetti said: “As part of the succession plan communicated at the beginning of 2020, I am delighted to be handing the baton to Geoffroy Lefebvre as the CEO of Yoox Net-A-Porter group. We have worked together over recent times and he fully masters our business model.

“The group has solid foundations, which will propel it towards long-term growth. I will continue to innovate combining human touch with digital disruption, while retaining the focus on people, customers and our communities.”