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Yoox Net-A-Porter hires new chief operating officer

Yoox Net-A-Porter has named Olivier Schaeffer as its new global chief operating officer.

FASHION

Yoox Net-A-Porter hires new chief operating officer

Yoox Net-A-Porter has named Olivier Schaeffer as its new global chief operating officer.

Due to start with the company on 21 May, Schaeffer will be responsible for Yoox Net-A-Porter’s worldwide operations and technology activities. He will report directly to Federico Marchetti, the group’s chief executive.

For the last 16 years Schaeffer has been working with beauty and perfume retailer Sephora, most recently as group chief operations officer. Part of his focus has been the company’s omnichannel expansion. Prior to that, he worked with the Carrefour supermarket chain

Marchetti said: “We want to accelerate YNAP’s ambitious plans to grow globally. That’s why we asked Olivier to join us as global COO. His decades of relevant experience are a perfect fit with our needs. Olivier will be a key asset to take us through this next phase of our growth.”

Earlier this week it was announced that luxury goods group Richemont had been given the go ahead to buy the remaining part of Yoox Net-A-Porter that it does not already own. Marchetti will remain in charge after the acquisition

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