Christian Dior Couture: strong growth in 2015

By

Jean-Paul Leroy

Published
Feb 14, 2016

LVMH may be doing well at the Arnault group but so is Christian Dior Couture!
 

For 2015, which includes the second half of its 2014-2015 financial year (January to June) and the first half of its current financial year 2015-2016 (July to December), the label recorded 1.872 billion euros in revenue at a 17% growth rate at current market rates and 7% at constant rates. Retail sales were up 19% at current market rates and 8% at constant rates.
 
Another positive: current operating profit reached 240 million euros, a growth of 21%.

In particular, for the first half of its current financial year, according to the label's press release, the Dior House's performance was carried by dynamism in its leather goods, ready-to-wear, accessories and jewellery.

Eben though, for this half-year, the positive results have not been as strong as for the same period a year prior (12% growth in revenue at current market rates and 6% at a comparable exchange rate and a 16% increase in current operating profit), the group is confident for 2016.