Lanvin artistic director departs, interim CEO named

Lanvin has parted ways with its artistic director Olivier Lapidus, less than a year after he was appointed. His exit, first revealed by WWD in an exclusive report, comes one month after Chinese conglomerate, Fosun International, acquired a majority stake in the troubled fashion house. Lapidus, who showed his second collection for the brand at Paris Fashion Week this month, will continue to design his own label, while Lanvin's women's collections will continued to be designed by their in-house team. In addition to Lapidus' departure, Lanvin's general manager Nicolas Druz is also leaving the brand. This marks the first big moves by Lanvin's new holding company.