Net-A-Porter CEO retires

netaporterNet-A-Porter CEO, Mark Sebba, is stepping down after more than 10 years in the role.

Sebba, who joined the company  in 2003, will remain a non-executive director following his retirement.

“I am stepping down at a time with the company is stronger than ever,” Sebba said.

“Our revenue is growing, we are market leaders and we continue to innovate and raise the bar in terms of our customer experience. We reach an audience globally of over nine million customers across multiple channels: web, mobile, and app platforms.”

The luxury pureplay has seen huge growth in the last few years, and is reportedly worth more than £2 billion globally.

Founded in 2000, Net-A-Porter stocks more than 350 designers including Alexander McQueen, Chloé, Dolce & Gabbana, Isabel Marant, Jimmy Choo, Miu Miu, Stella McCartney, and Valentino

In 2009, the company launched discount fashion website, The Outnet, and in 2011 created menswear website, Mr Porter. Earlier this year, Net-A-Porter Group’s publishing division  launched the company’s first ever consumer magazine, Porter.  

Last month, the e-tailer made its first foray into the growing luxury sportswear market, adding Net-A-Sporter to its stable. 

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