Since the Chinese conglomerate, Fosun International, took over Lanvin, the French fashion house, they started by parting away with its creative director Olivier Lapidus and general manager Nicolas Druz. In the meantime, the women’s collections will be designed by an in-house team in the interim.
Joann Cheng, president of Fosun Fashion Group and chairman of the board of directors of Lanvin, has been appointed chief executive officer of the house for an interim period, effective immediately. Druz, who had led the brand since 2017, will take up the new position of managing director of Fosun Fashion Group, where he will support the group’s business expansion in Europe.
“Olivier steered the maison through a transitional period between ownerships,” said Cheng. “We thank him for that, and wish him every success for his own brand and future endeavors.” Continue reading