PARIS — In the latest shakeup at the troubled house of Lanvin, majority owner Shaw-Lan Wang has reshuffled the company’s management, bringing back former Lanvin executive Nicolas Druz as her adviser, WWD has learned.His appointment was effective Aug. 29, according to a note from Wang that was sent to personnel and seen by WWD. “He is charged with assisting me in the decision-making process,” the Taiwan-based media magnate said.Separately, she revealed Michèle Huiban, chief executive officer of the brand since 2013, would step down from the board of directors and remain with the company as deputy managing director, a post she has held since 2011. She will also retain her position as chief financial officer.Huiban, who took charge of Lanvin’s day-to-day operations following the departure of managing director Thierry Andretta, reports to Wang and is the point person for the executive committee when the owner is not in Paris.She is charged with ensuring the implementation of the strategic projects decided by the board and facilitating the coordination between different departments.Sales at the company have been eroding since peaking at 235 million euros in 2012, according to a source. Last year, revenues fell 23 percent to 162 million euros, with a net loss of 18.3 million euros, marking the house’s first red ink in nearly a decade, with expectations of worsening losses this fiscal year.In July, Bouchra Jarrar exited her position as creative director of the house's women's collections after just two seasons. She was replaced by Olivier Lapidus, a relative unknown, who will show his first collection on Sept. 27 during Paris Fashion Week. Lucas Ossendrijver remains artistic director for Lanvin men's wear.Several members of the board are said to have felt blindsided by Lapidus’ appointment. Investment banker Pierre Mallevays of Savigny Partners confirmed in July that he and minority shareholder Ralph Bartel have submitted letters of resignation to disassociate themselves from Wang’s decisions and governance.As reported, it is understood Bartel and Mallevays had urged Wang to go through a proper process using professional advice from a talent search firm. One source said Wang also did not consult the board when she appointed Jarrar and Huiban.
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)
Breaking News: @hedislimane joins @celine as its new artistic, creative and image director. One of fashion’s preeminent image-makers and trendsetters, Slimane is to join the LVMH brand on Feb. 1 and unveil his first fashion proposition for men and women next September during Paris Fashion Week. It marks a major homecoming for Slimane, who cemented his reputation – and influenced men’s tailoring for more than a decade – as the designer of Dior Homme between 2000 and 2007. He went on to reinvent and ignite the house of Yves Saint Laurent, which he rechristened Saint Laurent, between 2012 and 2016 – all the while maintaining a close relationship with the Arnault family, which controls LVMH and Dior. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
“Personally I believe the Eighties have been the richest and more vivacious period for international fashion,” Giorgio Armani said when asked what his favorite decade of fashion is. It was a moment of disruption and experimentation and only thinking back to the first years of that decade is always an emotion for me, for what they have meant to me and my work.” The influence is clear in @giorgioarmani spring 2018 collection, pictured here, which was full of bright colors and unexpected prints. Read more about which decades designers loved most on WWD.com #wwdfashion #wwddecades (📷: @aitorrosasphoto)
For Lady Gaga’s only Italian show on her “Joanne World Tour,” the singer wore a range of @versace_official outfits. The standout piece: this custom-made bodysuit inspired by the brand’s spring 2018 collection. #wwdfashion (RG: @ladygaga)
@_camillaruth_ is expanding on the wellness-craze concept with @westbourne – a new NYC restaurant that’s both a healthy-minded café as well as a business that gives back to the community. Marcus works with the Robin Hood foundation to give back to The Door, a non-profit providing youth development services, and also hires employees through The Door. Read our full interview with Marcus on giving back through food on WWD.com. #wwdeye (📷: @lexieblacklock)