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Lanvin Group Replaces Joann Cheng With New CEO

The share price of the group, which has seen frequent turnover in executives and creative talent, has fallen by 68 percent from its debut.
Lanvin Group outgoing chairman and ceo Joann Cheng.
Lanvin Group outgoing chairman and CEO Joann Cheng. (Stuart C. Wilson)
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Joann Cheng, the chairman and CEO of Lanvin Group, the Chinese luxury firm that owns Lanvin, Wolford and Sergio Rossi, is stepping down. She will be succeeded in the CEO role by Eric Chan, a senior executive at a subsidiary of Lanvin-parent Fosun Group. Huang Zhen, another Fosun Group director, will take over as chairman.

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About the author
Tiffany Ap

Tiffany Ap is Senior Correspondent at The Business of Fashion. She is based in New York and covers marketing and the critical China market.

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