Lanvin Group chairman and CEO steps down
Lanvin Group has announced that Joann Cheng, its chair and chief executive, is stepping down from her roles to “pursue new endeavours” outside the group.
As a result. Huang Zhen been appointed as the group’s new chairman and Eric Chan chief executive.
Zhen currently serves as executive director and executive president at Fosun International. He has also held several board roles and chairmanships with other listed consumer companies.
Meanwhile, Chan, is currently chairman of Greater Yuyuan Commercial Development Group and previously held senior roles at SECOO Group, K11 Concepts under Hong Kong New World Development Group, Wharf Group, CB Richard Ellis, Hong Kong MTR Corporation and Four Seasons Hotels & Resorts Group.
The appointments come as Lanvin Group embarks on its next phase of growth which will focus on the retail expansion of all of its brands in North America, Europe, Asia and the Middle East.
Cheng said: “The past six years at Lanvin Group have been some of the most fulfilling of my career. Lanvin Group has a portfolio of five world-class brands, all of which are being reinvigorated with new leaders in place to take them to the next level in the global luxury goods market.
“With the recent successful launch of the first Lanvin Lab collection, the appointment last week of the new CEO at Sergio Rossi and the imminent announcement of a new Creative Director at Lanvin, I am pleased to be stepping away from the group, with a clear creative direction set, and all the building blocks in place for the next phase of growth.”
With headquarters in Shanghai, Lanvin Group’s brand portfolio includes Lanvin, Wolford, Sergio Rossi, St. John Knits, and Caruso.
