YNAP ANNOUNCES THE APPOINTMENT OF OLIVIER SCHAEFFER AS GLOBAL CHIEF OPERATING OFFICER

11 May 2018 – YOOX NET-A-PORTER GROUP (YNAP), the world’s leading online luxury fashion retailer, announces the appointment of Olivier Schaeffer as Global Chief Operating Officer for the Group.

Starting May 21st, Olivier will lead all Operations and Technological activities on a global scale. He will report into Federico Marchetti, CEO of YOOX NET-A-PORTER GROUP.

Olivier was most recently Global COO for Sephora where he spent 16 years of his career. Olivier was instrumental in leading the omnichannel expansion of the beauty and perfumes leading retailer.

Federico Marchetti, Founder and CEO of the YOOX NET-A-PORTER Group, stated:

I am very happy to welcome Olivier to our team. 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”.