The board of the Lanvin Group recently made a announcement regarding changes in its leadership. Joann Cheng, the founding Chairman and Chief Executive Officer, communicated her decision to step down from her positions in order to pursue new ventures outside the group. Consequently, the board has appointed Mr. Huang Zhen as the new Chairman and Mr. Eric Chan as the CEO of the group, with their appointments becoming effective as of December 7th.
The board expressed its sincere appreciation for Joann Cheng's dedication to the group since its inception and extended best wishes for her future endeavours.
Joann Cheng, outgoing Chairman and CEO of Lanvin Group, 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. 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."
Lanvin Group's new Chairman, Mr. Huang Zhen, is a Director of Fosun Group and currently holds the positions of Executive Director and Executive President at Fosun International. He brings extensive experience, having served on the boards and as Chairman for various listed consumer companies.
The group's new CEO, Eric Chan, currently serves as Co-Chairman of Greater Yuyuan Commercial Development Group. His previous senior roles encompass organizations such as 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. Mr. Chan, with over 30 years of seasoned executive experience across diverse commercial sectors, is set to lead Lanvin Group during a crucial growth phase. The focus will be on retail expansion for all the group's brands in North America, Europe, Asia, and the Middle East.
Huang Zhen, Chairman of Lanvin Group, said, "We are delighted to welcome Eric Chan as Lanvin Group's new CEO. His extensive real estate and consumer experience will be invaluable as we drive the next phase of the group's growth and expand our footprint globally."
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."
