Lanvin Group has announced the departure of Executive President and CFO David Chan, who is leaving to pursue new career opportunities. Chan was a founding member before being formally appointed CFO in February 2024. The leadership change comes as Lanvin Group faces significant market challenges, with stock declining approximately 90% from its listing level. Despite these pressures, the company reported a gross profit of 72 million euros ($77.9 million) for the first half of the year, achieving a 54% gross margin. Lanvin Group stated it will appoint a successor at an appropriate time.