LXRandCo appoints Audrey Lara as CFO
LXRandCo, an international omni-channel retailer of branded vintage luxury handbags and accessories, announced on Friday the appointment of Audrey Lara as Chief Financial Officer, effective April 1, 2018.
In this role, Lara will oversee LXRandCo's finance, accounting and investor relations areas of the business. She will also be involved in the strategy formulation and execution aspects of the company’s omni-channel strategy.
Lara has more than 15 years of finance and capital markets experience. She was previously Chief Financial Officer for the Europe, Middle East and Africa (EMEA) region at Paris-based Criteo SA. Prior to that, she held varying roles at Deloitte SAS in the retail vertical of the financial audit department.
"Audrey's experience in retail and especially retail technology will be very valuable for LXRandCo, as we continue building our omni-channel brand internationally. With LXRandCo positioned where traditional retail and technology intersect, Audrey will play a key role in helping us execute this strategy" said Fred Mannella, Chief Executive Officer of LXRandCo, in a news statement.
LXRandCo' s interim Chief Financial Officer, Jeremy Stepak, will remain in his current role until the finalization and approval of the company's annual filings for 2017, expected no later than March 31, 2018.
The Canadian company has been on a steady growth path and more than doubled its store count in 2017 to a retail network of over 128 locations.
The company expects its net revenue for the year ended December 31, 2017 to be approximately 70 percent above that of last year.
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