Hi valencia, this article will help you fix the cracked faux leather - https://www.wikihow.com/Fix-Faux-Leather-Peeling
This link is about a faux leather couch, but could easily be applied to your chair:
Here's a post that might help - https://www.hunker.com/13403982/how-to-fix-cracks-in-a-faux-leather-couch
Hello. Im not sure the degree of restoration or color, could touch up paint work? That what my son did on his sofa with this product.
You need to check over reviews Q&A and see if your correct color is available. Hope this helps.
You can purchase leather repair kits and leather paint at the auto parts store. There are different formulation based on the severity of the damage.
I've used the 3M leather repair kits with success. They come with several pots of liquid vinyl so that you can mix your color. It's tedious, but works well.
They make vinyl repair kits that is used with a hot tool. You can get them on Amazon.
Try this. https://www.hometalk.com/2249420/q-cleaning-repair-leather-sofa