Massenet, a pioneer of the luxury fashion industry, will bring her proven business acumen, intuitive feel and passion for the way technology can transform the consumer experience to the Farfetch business. She will have a particular focus on growing the global brand and strengthening its partnerships with the fashion industry.

Massenet and Neves' shared strategic vision of how fashion and technology can work together to amplify the consumer experience puts them in an unrivalled position to partner as co-chairs and focus on the next stage of Farfetch's development as the leading global platform for luxury fashion.

"I have, since Net-A-Porter launched, been a huge admirer of Natalie, she really is the undisputed pioneer, paving the way for the rest of us by demonstrating that not only could luxury be sold online but also that the internet would eventually become the primary way consumers engage with brands, globally," said Neves

"Natalie has unrivalled entrepreneurial instinct, understanding of the luxury consumer and knows how to build global brands like no one else. It is simply a dream come true to have Natalie partner with me, with a shared vision and tremendous will to - yet again - shape the future of luxury," added Neves

"I am honoured and excited to support José and the Farfetch team as they continue to build a unique vision of what the future of fashion and technology looks like. What Farfetch has done to rewrite the rulebook on how technology can work alongside bricks and mortar to elevate the customer experience stands out in the industry - when José asked me to come on board it was an opportunity I could not turn down. José is a true innovator, and I am thrilled to join him as he grows Farfetch into the online platform of choice for luxury fashion," said Massenet.

Massenet founded Net-A-Porter.com, the first luxury fashion shopping online store in 2000, building the company in 15 years into The Net-A-Porter Group with TheOutnet.com, MrPorter.com, Porter Magazine and the social shopping platform the NETSET, creating one of the most powerful global online retail brands and forever changing the face of luxury shopping.

In 2008 Neves merged his two passions for fashion and technology and launched Farfetch, the first global e-commerce platform for luxury fashion. Farfetch has ascended from its origins as a European start-up to a 'unicorn business' and is now the number-one full-price destination for luxury shopping in terms of traffic, according to Alexa, ComScore and SimilarWeb. (KD)

Fibre2Fashion News Desk – India