FRANCE: Christian Dior posts nine-month sales growth
By Katie Smith | 5 March 2013
- Nine-month revenue rise 14% to EUR22.8bn
- Growth driven fashion and leather goods business
Christian Dior has posted an increase in nine-month revenue, driven by growth at its fashion and leather goods business.
The company, allied to luxury goods giant LVMH Moët Hennessy Louis Vuitton, saw revenue rise 14% to EUR22.8bn (US$29.7m) for the nine months to 31 January, compared to EUR19.9bn the prior year.
Its fashion and leather goods business posted sales of EUR7.64bn, up 10% over EUR6.93bn last year.
In addition, the Christian Dior Couture division reported a 19% rise in nine-month revenue to reach EUR971m from EUR817m the previous year. Retail sales were up 24%.
Meanwhile, LVMH recorded revenue of EUR21.9bn, up 14% on last year.
Looking ahead, the group said it is well-equipped to continue its growth momentum across all business divisions in 2013, despite an uncertain economic environment in Europe.
Sectors: Apparel, Finance, Retail
Companies: LVMH
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