Lanvin names new CEO and Chairman as Joann Cheng steps down

Lanvin Group has appointed Huang Zhen as Chairman and Eric Chan as CEO, following the departure of Joann Cheng.

It comes as Cheng, the group's founding Chairman and CEO, steps down to "pursue new endeavours outside the group".

Cheng said: "The past six years at Lanvin Group have been some of the most fulfilling of my career. What started as an idea in 2017 has now become a listed company on the New York Stock Exchange, with a solid track record of growth.

"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."

"I am pleased to be stepping away with a clear creative direction set and the building blocks in place for the next phase of growth."

The group's new CEO, Eric Chan, previously served as Co-Chairman of Greater Yuyuan Commercial Development Group.

Prior to this, he held senior roles at SECOO Group, K11 Concepts under Hong Kong New World Development Group, Wharf Group, CB Richard Ellis, and Four Seasons Hotels & Resorts Group.

Meanwhile, Huang Zhen joins Lanvin Group as Chairman from Fosun Group, where he most recently served as Director.

The appointments come as "Lanvin Group embarks on an important next phase of growth", centred around retail expansion for all its brands in North America, Europe, Asia and the Middle East.

Eric Chan, CEO of Lanvin Group, said: "I am delighted to be joining Lanvin Group at this exciting time in its development.

"We have great leaders across all our brands, a clear creative direction set for the coming years, and an exciting consumer engagement strategy spanning digital and retail. We see significant opportunities ahead to build out our international presence."