Net-a-Porter's Natalie Massenet quits halfway through Yoox merger #Netaporter #Yoox

Net-a-Porter's Founder and Chairwoman resigns the company halfway through the it's merger with Italian e-commerce group Yoox.com. It was ruled in August that the fair value for NAP was some 1.5 Billion pounds, 50% more than agreed in the deal. Mossenet complained that Richemont had undervalued the company.  Yoox confirmed that Massenet had resigned and wouldn't be joining the board of directors. There was always a doubt that two strong personalities like Massenet could co-exist with Federico Marchetti who is the e-commerce mind behind Yoox.