Just a month after finalizing its merger, Yoox Net-a-Porter Group is announcing a series of management changes within the luxury e-commerce giant. According to a release sent by the company on Wednesday morning, both Stephanie Phair, president of The Outnet, and Ian Tansley, managing director of Mr. Porter, will be leaving the company.
Since being hired by Net-a-Porter to launch and lead its discount site, The Outnet, in 2008, Phair helped turn it into a leading e-commerce destination — complete with a growing private-label business, Iris & Ink. As of October 2014, Phair led a team of 150 under The Outnet, which sells clothes and accessories from more than 200 brands including Balenciaga, Alexander McQueen, and Dolce & Gabbana at up to 70 percent off.
Though Phair will not be replaced directly, Shira Suveyke, The Outnet's vice president and global buying director, and Andres Sosa, the site's global sales and marketing director, will take on a "joint leadership role."
Tansley will be succeeded by Toby Bateman, who joined Net-a-Porter in 2010 as buying director and "has played a pivotal role in the launch and ongoing growth of the Mr. Porter brand."
Yoox Net-a-Porter Group has also appointed Naomi Hewitt, who has been with the company as head of human resources since 2003, as director of people and organization. After managing the strategic integration of retail activities for the Group, Paul Brennan was named deputy director of the post-merger integration and operational excellence, while Adrian Evans, director of strategy, is now commercial director. Finally, Lea Cranfield, previously head of merchandising for Mr. Porter, has been appointed merchandising director for both Net-a-Porter and Mr. Porter.
After announcing the merger in March, Yoox Net-a-Porter Group has been through a number of significant changes. Post-merger, Federico Marchetti took over day-to-day operations as CEO of the company and appointed Net-a-Porter President Alison Loehnis president of the Net-a-Porter Group. Natalie Massenet, who founded Net-a-Porter in 2000 and most recently served as its executive chairman, stepped down in September and has since registered a mysterious new company called "Imaginary Ventures." Last week, the company announced that it will close Yoox's multi-brand websites, Shoescribe and The Corner, by the end of the spring/summer 2016 season. But the retail group remains strong: Shares of Yoox Net-a-Porter Group, listed on the Milan stock exchange, have seen their value increase by a third since March.