Massenet has stepped down from her role as executive chairman amid reports of a clash with new chief executive Federico Marchetti. She was notably absent from the conference call announcing the Yoox merger earlier in the year.
The Italian retailer issued a statement confirming the resignation, which read: “Following Natalie Massenet’s tendering of her resignation today as executive chairman of The Net-A-Porter Group, Ms. Massenet will not be a member of the board of directors of the new group, which will result from the upcoming merger.”
Net-a Porter posted revenue of $835m in 2014 and the combined entity with Yoox, valued Read full story ›
Source: The Drum
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