PARIS — Olivier Lapidus is Lanvin’s new artistic director, effective immediately, WWD has learned.
A source with knowledge of the matter confirmed his hire.
He is expected to show his first Lanvin collection in September for the spring 2018 women’s ready-to-wear season.
Lapidus takes over from Bouchra Jarrar, who left Lanvin after only 16 months, as reported on July 7. WWD had already identified Lapidus as a possible successor.
He arrives at the French house as it manages challenging times in the luxury sector and internal woes. The company, founded by Jeanne Lanvin in 1889 and whose principal owner is Taiwan-based media magnate Shaw-Lan Wang, has seen its sales erode for several years after peaking at more than 250 million euros in 2012, according to sources. Last year, the house posted its first loss in more than a decade.
According to sources, wholesale orders for women’s collections have been falling at a double-digit rate.
A sketch by Olivier Lapidus for his online couture collection.
Lapidus recently launched what he is billing as the world’s first web-based couture house. The former head of the Ted Lapidus label, founded by his father, struck out on his own with the launch during the recent couture week. Customers can watch a