Italian e-tail group Yoox has named Enrico Cavatorta as chief financial and corporate officer, with immediate effect.

He joins the Yoox team after 15 years at eyewear retailer Luxottica, where since last year he has held the role of co-CEO for corporate functions. During his time there he helped oversee the growth of the Italian business, which reported a turnover of €7.6 billion in 2014 and has acquired leading brands such as Sunglasses Hut and Oakley in recent years.

News of Cavatorta's arrival comes as the Yoox board confirmed that it has approved the proposed merger with UK premium fashion retailer Net-a-Porter. Richard Lepeu and Gary Saage, who are co-CEO and CFO respectively of the UK company's parent firm Richemont, will sit on the board of the merged businesses, while founder Natalie Massenet will be executive chairman.

Federico Marchetti, founder and CEO of Yoox, said of Cavatorta's arrival: "I am delighted that Enrico has decided to join the Yoox team.

"Thanks to his deep experience with dynamic global companies and his proven expertise in managing the integration of international acquisitions, I am sure that Enrico will play a key role in the exciting new chapter ahead of us."