Lanvin announced on Friday that deputy CEO Siddhartha Shukla is leaving the house after more than four years. Andy Lew, who was appointed executive president of Lanvin Group—the brand’s Chinese parent company, formerly known as Fosun Fashion Group—and chairman and CEO of Lanvin in January 2025, will “continue to oversee the brand and its strategic ambitions,” according to a statement from Lanvin Group.

In the release, Lew thanked Shukla for his contributions over the past four years and wished him success in his future endeavors. Shukla reflected on his tenure, calling it “one of the greatest challenges and greatest honors” of his career, and expressed pride in the team’s achievements and confidence in their continued progress.

Shukla brought extensive experience from 12 years in marketing at Kering, working with Gucci and Saint Laurent, followed by eight years at Theory, where he served as chief brand officer for the final two. He joined Lanvin in December 2021 to lead a transformation after a period of instability following the departure of designer Alber Elbaz in 2015, which saw several creative directors cycle through the house.

During his time at Lanvin, Shukla reshaped the brand’s identity, product strategy, store concept, and visual direction. He commissioned a black-and-white campaign from Steven Meisel in 2022, featuring a new logo designed by M|M Paris. After Bruno Sialelli’s exit in April 2023, Shukla appointed Peter Copping as artistic director in June 2024, citing a return to “ultimate chic” as envisioned by founder Jeanne Lanvin.

Since Copping joined, Lanvin has returned to the Paris Fashion Week schedule and reported growth in women’s ready-to-wear, shoes, and leather goods. Under Shukla, sales rose from €73 million in 2021 to about €120 million in 2023, though they later dipped to approximately €100 million in 2025 amid industry challenges, including a softer sneaker market and store network adjustments, particularly in China.

Lanvin Group, which went public on the New York Stock Exchange in December 2022, has faced headwinds from China’s economic slowdown. In February 2026, it sold its Italian menswear brand Caruso. The group retains Wolford, Sergio Rossi, and St. John, though revenue fell 22% in the first half of 2025, with deeper EBITDA losses.

The departure news follows Lanvin’s recent Paris Fashion Week show, which received positive reviews, with Vogue Runway’s Sarah Mower noting it featured the most standout dresses since the Alber Elbaz era.

Frequently Asked Questions
Of course Here is a list of FAQs about Siddhartha Shuklas departure from Lanvin designed to answer questions from basic to more detailed

Basic Questions

1 Who is Siddhartha Shukla
Siddhartha Shukla was the Chief Executive Officer of the historic French fashion house Lanvin

2 Did Siddhartha Shukla really leave Lanvin
Yes it was officially confirmed in late 2023 that Siddhartha Shukla stepped down from his role as CEO of Lanvin

3 When did he leave
His departure was announced in November 2023

4 Why did he leave
The official statements cited a mutual agreement to part ways and a desire for Shukla to pursue other opportunities It is widely reported that his exit was due to disagreements with the parent company Lanvin Group over the brands strategic direction and financial performance

Advanced Strategic Questions

5 How long was he the CEO of Lanvin
He served as CEO for just under two years having been appointed in January 2022

6 What was his background before Lanvin
Shukla came from a strong luxury and strategic background He previously held senior roles at Chloé and was a partner at the consulting firm McKinsey Company where he focused on the luxury sector

7 What was Shuklas main strategy for Lanvin
His strategy focused on elevating the brands positioning increasing prices and reducing reliance on discounts and wholesale channels to rebuild its luxury cachet He also worked on modernizing its collections and retail experience

8 What impact did his departure have on the brand
The departure created uncertainty about Lanvins future direction It highlighted the ongoing challenges the brand faces in its turnaround efforts and led to speculation about a potential shift in strategy under new leadership

9 Who replaced him as CEO
As of now an interim leadership team from within the Lanvin Group has been managing the brand while a permanent successor is sought

10 Was his tenure considered successful
Opinions are mixed He was credited with starting the difficult work of repositioning the brand away from heavy discounting However the financial results during his tenure remained challenging with the brand continuing to report losses which ultimately led to the strategic disagreements with