Finery co-founder & operating chief to depart business

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Finery co-founder

The co-founder and chief operating officer of online fashion retailer Finery has announced his resignation.

Luca Marini said he is due to depart the business, which he co-launched with Nickyl Raithatha and Caren Downie in February 2015, at the end of this month.

Less than three years after recording £5 million in sales in its first year of trading, Finery now rakes in £16 million and operates in 10 countries.

It also operates concessions with John Lewis, Selfridges and Zalando.

Marini’s departure comes after John Hind was appointed chief executive in August.

“Building Finery from scratch into a credible player on the British high street has been an extremely rewarding adventure,” Marini told Drapers.

“I leave the business after four years in an excellent position, and I’m confident that John Hind will continue leading the brand to new heights.

”I have decided to leave at the end of the month to take on a new challenge, but want to take this opportunity to give a big thank you to all the employees, suppliers, partners and investors, without whom none of this would have been possible.”

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