The Chinese fashion group Lanvin Group has appointed Xi Luo as Chief Financial Officer (CFO).
According to a statement published on Monday, Luo will now be responsible for the financial affairs of the group of companies, which includes the brands Lanvin, Wolford, Sergio Rossi and St. John Knits. His area of responsibility includes financial planning and analysis, accounting, controlling, treasury, investments and investor relations.
Luo succeeds David Chan, who resigned as chief financial officer last October. Since then, Andy Lew, the group’s executive president, has led the finance department as interim CFO. Lew gave up this task with Luo’s appointment, but retained his other positions in the group of companies and its subsidiaries, according to a statement.
Luo has more than 20 years of experience in finance, investments and capital markets. Most recently, he served as CFO at Fosun Capital, an investment company owned by Lanvin majority owner Fosun International. Previously, Luo held senior positions in the finance departments of the Chinese healthcare platform We Doctor, the logistics platform Cainiao Network and the technology group Alibaba Group.
Zhen Huang, chairman of Lanvin Group, said in a statement that Luo’s appointment came at an “important stage in the company’s development.” With his “extensive experience in finance and capital markets” as well as his “global perspective,” the new finance chief will “strengthen the organization and advance long-term strategic priorities.”
This article was created using digital tools translated.
FashionUnited uses artificial intelligence to speed up the translation of articles and improve the end result. They help us to make FashionUnited’s international reporting quickly and comprehensively accessible to a German-speaking readership. Articles translated using AI-based tools are proofread and carefully edited by our editors before they are published. If you have any questions or comments, please email [email protected]