NEW YORK, Dec. 8, 2023 /PRNewswire/ -- The board of Lanvin
Group (NYSE: LANV) today announced that Joann Cheng, the group's founding Chairman and
Chief Executive Officer, has informed the board that she has
decided to step down from her roles to pursue new endeavours
outside the group. Consequently, the board has appointed Mr.
Huang Zhen as the new Chairman and
Mr. Eric Chan as CEO of the group,
effective as of December
7th.
The board of Lanvin Group expressed its deep appreciation for
Joann Cheng's dedication to the
group since its founding and wished her the best in her future
career.
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 serves as
Executive Director and Executive President at Fosun International.
He has also held a number of board roles and chairmanships with
other listed consumer companies.
The group's new CEO, Eric Chan,
currently serves as Co-Chairman of Greater Yuyuan Commercial
Development Group. He 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. As a seasoned executive, Mr. Chan has
over 30 years' experience across a wide commercial spectrum,
including omni-channel shopping platforms, luxury commercial real
estate projects, as well as offices and high-end hotels and
resorts. His appointment comes at a time when Lanvin Group is
embarking on an important next phase of growth, centred around
retail expansion for all its 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."
About Lanvin Group
Lanvin Group is a leading global luxury fashion group
headquartered in Shanghai, China,
managing iconic brands worldwide including Lanvin, Wolford, Sergio
Rossi, St. John Knits, and Caruso. Harnessing the power of its
unique strategic alliance of industry-leading partners in the
luxury fashion sector, Lanvin Group strives to expand the global
footprint of its portfolio brands and achieve sustainable growth
through strategic investment and extensive operational know-how,
combined with an intimate understanding and unparalleled access to
the fastest-growing luxury fashion markets in the world. Lanvin
Group is listed on the New York Stock Exchange under the ticker
symbol 'LANV'.
For more information about Lanvin Group, please
visit www.lanvin-group.com, and to view our investor
presentation, please visit https://ir.lanvin-group.com.
Enquiries:
Media
Miya He
Miya.he@lanvin-group.com
Investors
James Kim
James.kim@lanvin-group.com
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SOURCE Lanvin Group