Outfittery, a Leading European Curated Ecommerce Business for Men, Welcomes Benjamin Von Schenck as Chief Financial Officer
London, England — April 1, 2021 Renovata & Company is pleased to announce the placement of Benjamin Von Schenck as chief financial officer of Outfittery, Europe’s biggest personal shopping service for men that helps them “unlock their true style” by providing curated selections driven by AI and personal stylists. Von Schenck will work alongside other members of the executive team to drive new levels of growth for the company.
In just eight years, Outfittery has become a popular menswear destination with a brand awareness over 75 percent among men in its core markets. The company has approximately 400 employees and nearly 1 million customers since a merger in 2019. Outfittery is currently active in Germany, Austria, Switzerland, the Netherlands, Belgium, Luxembourg, Sweden and Denmark—and has goals to continue its international expansion.
The company has raised over $59 million in funding by leading venture capital firms including Mangrove, Holtzbrinck, Highland Europe, Northzone and Octopus Ventures. In 2019, Outfittery successfully merged with Modomoto, a former competitor, and the company is ready to continue its expansion.
“Benjamin will work across operational, commercial and strategic initiatives, offering insight and data to inform decisions and pursue opportunities that drive Outfittery’s international growth,” says Lisa Morgan, Renovata & Company principal. “His experience in evolving international organizations and leading mergers and acquisitions activities is an asset to the leadership team.”
Prior to joining Outfittery, Von Schenck was senior vice president of finance for advertising platform solutions at ProSiebenSat.1 Media SE, a European media company. Before that, he was managing director/chief financial officer in the same division, and he started at the company as director of mergers and acquisitions. He was also managing director and chief financial officer at SMARTSTREAM.TV, and is a member of the supervisory board of virtual minds AG.
“This is our fifth appointment to the Outfittery board and C-suite over the past 5 years,” says Thomas Jepsen, Renovata & Company partner. “It’s been a pleasure working with the Outfittery team, and I look forward to our next collaboration together. In the meantime, I eagerly await my next delivery from the stylist team.”
About Renovata & Company
Renovata & Company is a global executive search and private equity advisory firm. We are trusted by financial sponsors, their portfolio companies and public corporations to deliver transformational leaders and valuable investment insights. Renovata & Company’s executive search activities are focused on the most complex search assignments—board-level mandates which include board directors, CEOs, CFOs and other C-suite executives, as well as investment professionals and Operating Partners—and we provide strategic counsel to clients across the technology, digital, business services, industrial, consumer and retail sectors. Renovata & Company has relationships with over 50 of the top 100 private and growth equity firms globally. Our private equity advisory services include diligence support, backable executive introductions and deal sourcing delivered by our affiliate, L Capital Advisors. We also make equity co-investments alongside our private equity clients through our investment affiliate, L Capital. We are privately held and operate from five offices across two continents: Boston, Hamburg, London, New York and San Francisco. www.renovata.com