Federico Marchetti is the founder of the internet retailer and e-commerce services company Yoox and was the chairman and chief executive of the Yoox Net-a-Porter Group.
He was born in Ravenna, Italy, and earned a degree in economics from Bocconi University in Milan, then an MBA from Columbia Business School in New York. Marchetti has served as a member of the jury for various fashion competitions, like the CFDA/Vogue Fashion Fund prize in New York and the Andam Fashion Award in France. Marchetti lives in Milan.
Marchetti began his career at Lehman Brothers as an investment banker and then consulting firm Bain & Co, Marchetti found a way to bridge the gap between luxury brands and the internet through e-commerce.
Initially, he established a relationship with brands like Diesel and Emporia Armani with Yoox.com, a multi-brand online retailer that sold past season merchandise at a discount. Eventually, in 2006, brands began using his platform to launch their own e-commerce websites.
In 2009, Marchetti successfully took his company public on the Milan Stock Exchange, the only IPO that year, and has also signed an agreement with Kering (formerly PPR) to build e-commerce websites for all of their luxury apparel brands, like Stella McCartney and Balenciaga.
In 2015 he led the merger between YOOX and NET-A-PORTER to create the global leader in online luxury fashion, shifting the consumer habits of more than one billion visitors per year in the process.
In 2018, Marchetti pioneered the use of a Digital Passport system at YNAP, he later brought this know-how to the Fashion Task Force. In addition to helping customers make more informed purchase decisions, the Digital Passport helps consumers to care for and ultimately re/upcycle their purchases thus extending their life span
In October 2020, Yoox Net-a-Porter Group replaced CEO Marchetti with buying director Elizabeth von der Goltz.
Since spring 2021, after 21 years leading the company he founded, Marchetti has been focusing his energies on tackling one of the greatest challenges facing humanity today – the climate crisis. In the same year, he accepted positions on the Board of Directors of Highgrove Gardens and the Board of Trustees of The Prince’s Foundation.
In 2022, he added a second area of focus to the Task Force: a Regenerative Fashion programme that is designed to restore degraded landscapes through investment from fashion houses in areas like the Eastern Himalayas, returning them to profitable and sustainable cotton, silk and cashmere production.
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