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Joann Cheng

Chairman, Fosun Fashion Group & Lanvin

Fosun’s acquisition of Lanvin and its growing fashion ambitions have put the group’s chairman in the spotlight.

Biography

Joann Cheng is chairman of Fosun Fashion Group and senior assistant president of Fosun International. The group’s acquisition of storied French fashion house Lanvin puts Cheng — also the chairman of the Lanvin board — under the spotlight as the industry awaits the label’s revival. 

Cheng is a graduate of the Shanghai University of Finance and Economics and holds an EMBA from the China Europe International Business School. She began her career at accounting firm KPMG. Prior to Fosun, she worked as the group chief financial officer at drone maker DJI and held positions at GE Capital, TPG and Allyes.

As executive president of the Fosun Fashion Group, which was created to manage the fashion portfolio of multinational company Fosun International — whose total assets exceed $80 billion — Cheng leads fashion assets including St John Knits, Caruso, Wolford Tom Tailor. In February 2018, Fosun acquired a majority stake in Lanvin, introducing a leadership shake-up, where long-time owner Shaw-Lan Wang relinquished control and Jean-Philippe Hecquet was appointed chief executive. In January 2019, the Lanvin appointed former Loewe Creative Director Bruno Sialelli to lead the brand's creative turnaround.

Career

DJI Innovation

DJI Innovation

2014 - 2015

Allyes

Allyes

2012 - 2014

TPG

TPG

2011 - 2012

GE Capital

GE Capital

2009 - 2010

KPMG

KPMG

1998 - 2008

Education

Shanghai University of Finance & Economics

Shanghai University of Finance & Economics

China Europe International Business School

China Europe International Business School

Vital Statistics

Nationality

China

Location
China
Member since
2018

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The people shaping the global fashion industry, curated by the editors of The Business of Fashion, based on nominations and on-the-ground intelligence from around the world.

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