Stephanie Phair, president of Net-a Porter Group’s luxury off-price ecommerce site The Outnet, and Ian Tansley, managing director of its menswear business Mr Porter, have left with immediate effect.
The departures come just over a month after Net-a-Porter Group’s merger with Italian etailer Yoox Group was finalised in October. Net-a-Porter Group’s founder and executive chairman Natalie Massenet resigned in September.
Phair joined Net-a-Porter in February 2009, the year The Outnet was launched, and was responsible for building it into a £100m turnover business. The site stocks 250 luxury womenswear brands at discounts of up to 70%.
She sat on the group’s executive team for seven years and helped to shape its strategy. She launched its first private label business Iris and Ink in 2012 and oversaw the opening of a dedicated distribution centre for The Outnet in south London.
Her role will now be split between The Outnet’s vice president of global buying Shira Suveyke and global sales and marketing director Andres Sosa.
Tansley became managing director of Mr Porter in June 2011. He was previously vice president of ecommerce at Net-a-Porter for four years.
He will be replaced by buying director Toby Bateman.
As part of the restructure, Adrian Evans, director of strategy at Net-a-Porter Group, has been promoted to commercial director.
Lea Cranfield, head of merchandising at Mr Porter, has been promoted to merchandising director for both Net-a-Porter and Mr Porter.
Net-a-Porter Group’s head of HR Naomi Hewitt has been appointed director of people and organisation for the combined Yoox Net-a-Porter Group.
Finally, Net-a-Porter Group merchandising director Paul Brennan has taken the new role of deputy director of the post-merger integration and operational excellence.
Alison Loehnis, who was promoted to president of Net-a-Porter Group on October 5, said: “On behalf of the entire team at Net-a-Porter Group I thank Ian and Stephanie for their remarkable contribution to our business, and wish them the very best of success in their future endeavours.
”Both Stephanie and Ian leave a very strong management team in place.”
The Outnet saw revenue grow 30% last year to over £100m, and is on track to achieve high double-digit sales growth this year. The site reaches 2.5 million unique visitors every month and serves customers in over 170 countries.
Mark Sebba stepped down as chief executive of Net-a-Porter Group in July 2014 after 12 years. He resigned from the board in September 30 2015, a month before the merger completed.
Sebba told Drapers: “Phair has done an amazing job of running The Outnet. She has an innovative and entrepreneurial vision. I’m very sad to hear that she’s leaving.”
As reported by Drapers chief executive of Yoox Net-a-Porter Group Federico Marchetti confirmed last week that the Yoox.com and Outnet.com will ”combine their buying efforts” moving forward.
Net-a-Porter’s revenue increased 22.8% to a record £654m in the year to March 31. Group pre-tax profits swung to £11m from a loss of almost £10m the year before as it sold more products at full price, driving the profit margin up from 44.1% to 45.3%. EBITDA rose from £37.8m to £54.2m.