Lanvin artistic director Olivier Lapidus and general manager Nicholas Druz have left the business, as Fosun fashion group president Joann Cheng steps in as interim CEO.
Lapidus joined Lanvin in July. He will leave his role with immediate effect to focus to his own brand.
Cheng, who is also chairman of Lanvin’s board of directors, said: “Olivier steered the Maison through a transitional period between ownerships. We thank him for that, and wish him every success for his own brand and future endeavours.”
Druz, who has worked at Lanvin since 2017, will take up the new role of managing director at Fosun’s fashion arm with immediate effect.
Druz will support the group’s business expansion strategy in Europe.
Cheng will hold the interim leadership role until a CEO is found. She said: “In seeking candidates for the permanent positions of CEO and artistic director, we want to ensure we find people who share the spirit of Lanvin.
“The relaunch of Lanvin with fresh talents, while adhering to the values that the brand has maintained since 1889, is fundamental to returning the Maison to its rightful position at the top table of the world’s most lauded and innovative fashion houses.”
Chinese conglomerate Fosun acquired a controlling stake in Lanvin earlier this year.