Lanvin Group’s Deputy CEO Siddhartha Shukla is set to step down, the latest leadership change at the Paris-based fashion group. Andy Lew, Executive President and Lanvin brand CEO, will continue overseeing operations. The Shanghai-headquartered group reported first-half revenue of 133 million euros ($151.6 million), down 22% YoY, with Lanvin brand sales falling more than 40%. Shukla, who joined in 2022 following senior roles at Theory, Gucci, and Yves Saint Laurent, has not disclosed his next move.

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