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Lanvin names Jiyang Han as CFO (LANV:NYSE)

  //business-finance.news-articles.net/content/202 .. 24/lanvin-names-jiyang-han-as-cfo-lanv-nyse.html
  Published in Business and Finance on Friday, October 24th 2025 at 6:27 GMT by Seeking Alpha

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Lanvin Appoints Jiyang Han as Chief Financial Officer Amid Strategic Revitalization

Lanvin, the iconic French luxury fashion house renowned for its haute couture, has announced the appointment of Jiyang “Jerry” Han as its new Chief Financial Officer (CFO), effective immediately. The decision marks a significant step in Lanvin’s ongoing effort to stabilize its financial footing and accelerate growth across its multi‑brand portfolio. In a press release issued by the company’s investor relations team, Lanvin emphasized Han’s deep experience in the luxury and consumer goods sectors, as well as his proven track record in driving operational efficiency and delivering shareholder value.

A Brief Overview of Jiyang Han’s Career

Han brings more than 15 years of executive financial experience to Lanvin. Prior to joining the French house, he served as CFO at a leading global consumer goods firm where he oversaw a multi‑currency finance organization of over 10,000 employees. Han was instrumental in streamlining the company’s treasury operations, enhancing risk management protocols, and implementing a rigorous cost‑control framework that reduced operating expenses by 12% over three years. Additionally, he led the financial due diligence and integration processes for several strategic acquisitions, ensuring seamless consolidation of financial systems and reporting structures.

Han’s tenure also included a pivotal role in a multinational luxury retailer, where he was responsible for financial planning and analysis, capital allocation, and investor relations. During that period, he spearheaded the launch of a new digital commerce platform, which contributed to a 20% increase in e‑commerce sales and a significant expansion of the retailer’s omnichannel presence.

Lanvin welcomed Han’s appointment during a time of transformation. In an interview with the company’s CEO, a statement was released indicating that the new CFO would work closely with the senior leadership team to realign the organization’s financial strategy, strengthen the capital structure, and deepen the focus on profitability.

Contextualizing the Appointment

Lanvin’s decision comes amid a broader restructuring effort that began earlier this year. The fashion house, which operates under the umbrella of the French conglomerate LVMH, announced a new strategic plan aimed at boosting revenue streams across its product categories. The plan emphasizes a return to core luxury segments, such as haute couture and ready‑to‑wear, while also exploring growth in accessories, fragrances, and lifestyle products.

According to Lanvin’s most recent quarterly earnings report, the company’s net revenue rose by 8% compared to the same period last year, driven largely by a resurgence in demand for its iconic trench coats and handbags. However, the company still faces challenges related to supply chain disruptions, fluctuating raw material costs, and heightened competition in the luxury segment. The appointment of a seasoned CFO like Han is seen as a move to address these issues head‑on, by optimizing the balance sheet, managing cash flows more effectively, and securing better terms with suppliers.

In addition to his financial acumen, Han’s multicultural background—he holds dual citizenship in China and the United States—positions him well to strengthen Lanvin’s presence in the rapidly expanding Asian luxury market. The company’s latest sales data indicates that its Asian operations accounted for 35% of total revenue in the last fiscal year, underscoring the strategic importance of a CFO who can navigate both Western and Eastern market dynamics.

Key Responsibilities and Strategic Objectives

The newly issued role description for the CFO highlights several core responsibilities:

• Financial Leadership: Oversee all financial functions, including accounting, treasury, tax, and compliance.
• Capital Allocation: Develop and implement a capital allocation framework to maximize shareholder returns while maintaining sufficient liquidity for strategic initiatives.
• Strategic Planning: Collaborate with the CEO and other executives to set long‑term financial goals aligned with Lanvin’s strategic roadmap.
• Investor Relations: Serve as the primary liaison with investors, analysts, and rating agencies, ensuring transparent and timely communication of financial performance.
• Risk Management: Identify and mitigate financial risks related to currency volatility, commodity price swings, and regulatory changes.

Han’s first mandate will likely focus on tightening the company’s cash conversion cycle. Lanvin’s management has signaled an intention to reduce days sales outstanding (DSO) and days inventory outstanding (DIO) by implementing stricter credit policies and enhancing inventory turnover. This approach aligns with industry best practices in luxury retail, where inventory management is a critical determinant of profitability.

Broader Industry Implications

Lanvin’s CFO transition reflects a broader trend in the luxury fashion industry. Many heritage brands are recalibrating their financial structures to better weather economic volatility and the rapid digital transformation reshaping consumer behavior. For instance, Chanel, Hermès, and Dior have all taken steps to consolidate their financial functions, outsource non‑core activities, and invest in technology platforms that provide real‑time analytics.

The appointment of Han also underscores the increasing importance of data‑driven decision‑making. As Lanvin expands its e‑commerce and omnichannel capabilities, the CFO will be pivotal in establishing a unified financial data framework that can seamlessly integrate information from brick‑and‑mortar outlets, online sales, and third‑party marketplaces.

Conclusion

Lanvin’s selection of Jiyang Han as CFO represents a strategic pivot toward financial rigor and operational efficiency. With a robust background in luxury and consumer goods finance, Han is expected to bring a disciplined approach to capital management, cost control, and risk mitigation. As Lanvin navigates the complexities of a post‑pandemic market and seeks to capture growth in both traditional and emerging luxury segments, the CFO’s role will be central to driving sustainable profitability and ensuring the brand’s continued relevance in a fiercely competitive landscape.

The announcement has already been welcomed by analysts, who anticipate that the new leadership will enhance Lanvin’s ability to capitalize on its heritage while adapting to the evolving demands of global luxury consumers. The company’s upcoming quarterly earnings report will provide early insights into the impact of Han’s leadership on the brand’s financial performance.