FRANCE: Christian Dior drives profit up 29%
By just-style.com | 15 February 2007
Luxury goods firm Christian Dior has posted a 29% rise in full-year profit with record revenues across all business groups.
Profit at the company, which owns 42.5% of LVMH, was EUR2.13bn (US$2.80bn) compared to EUR1.65bn the year before.
Sales were up 12% on a like-for-like basis to EUR16.02bn.
The Christian Dior Couture business posted an operating profit of EUR56m for the year and a 10% revenue rise to EUR731m.
Sectors: Apparel, Finance, Footwear, Manufacturing, Retail
Companies: LVMH
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