Alison Loehnis is now a senior adviser at JPMorgan Chase & Co., working in its international client and retail funding banking workforce. In her function, Loehnis, who joined the corporate earlier this month, focuses on luxurious and life-style manufacturers, as a part of the financial institution’s push to fortify its presence within the sector.
The former Yoox Net-a-Porter govt was appointed by Jeannette Smits van Oyen, international head of client and retail funding banking. Based in London, Loehnis has additionally served on Lululemon Athletica’s board of administrators in a non-executive place since 2022.
Loehnis stepped down from her positions as YNAP’s president and interim CEO in June following 18 years on the luxurious trend e-tailer, together with a 14-year tenure as president.
Earlier this 12 months, Swiss conglomerate Richemont offered YNAP to LuxExperience, Mytheresa’s publicly traded father or mother firm, in a €555 million ($649 million) acquisition that was accomplished in April and gave Richemont a 33 % stake in LuxExperience.
Learn extra:
Why Mytheresa Bought Yoox-Net-a-Porter
The merger between the posh e-tailers has doubtlessly far-reaching implications for the troubled sector.