Quick take:
- FARFETCH Group today announced changes to its leadership team.
- The company has onboarded former Clubhouse head of community Stephanie Simon.
- She will help FARFETCH explore how fashion can engage with Web3.
Luxury e-commerce platform FARFETCH has hired former Clubhouse executive Stephanie Simon to lead the company’s community and Web3 efforts as it announced changes to its leadership team.
Simon was formerly the head of community and creators, head of brand evangelism and development, as well as founding member at the social networking platform, Clubhouse. Her career spans fashion, technology, electronics, financial services, and law.
Prior to Clubhouse, Simon was an advisor to villageluxe.com, a peer-to-peer luxury fashion rental marketplace. She was also a consultant at Gucci; London-based fashion company, Tomorrow; and MarioTestino+, the company under the direction of world-renowned photographer, creative director, art collector and collaborator: Mario Testino.
Before entering the fashion industry, Simon was the VP of channel & consumer engagement at I.AM+, a Hollywood-based technology company founded by music artist will.i.am, as well as head of relationship management at Beats by Dr. Dre.
A law school graduate, she entered the workforce as an associate attorney before going into banking. From 2010 – 2014, she was senior banker & VP for private bank at J.P. Morgan, where she advised her clients on public and private investments, credit and liquidity needs, sophisticated estate and income tax planning regarding trust, estate and charitable planning as well everyday cash management.
“Stephanie brings her incredible experience on how fashion can engage in Web3 and all the opportunities still to explore in this space,” said José Neves, founder, chairman and CEO, FARFETCH.
This new appointment comes after FARFETCH teamed up with European VC firm, Outlier Ventures to launch the Dream Assembly Base Camp accelerator program last year. The program will focus on digital fashion, tokenised loyalty, immersive experiences and the creator economy.
The program is supporting five to 10 startups that provide a Web3 solution for luxury fashion or those that aim to expand their Web3 capabilities to the fashion industry. FARFETCH is looking at startups that are building digital fashion for avatars and what luxury fashion would look like in a Web3 setting.
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