Christian Dior Couture sales boom! | Retail News France
Home » News » Retailers News » Christian Dior Couture Sales Boom

Christian Dior Couture sales boom!

Share: 
      Newsletter

READ MORE ON Christian DiorFinancial ReportRetail News FranceRetail Information

Dior

Image Courtesy: dior.com

French luxury goods company Christian Dior Couture has come out with financial results for the first quarter ended March 31, 2017. During the period under review, the Christian Dior Group recorded revenue of Euros 10.4 billion, up 15 per cent at actual exchange rates against corresponding period last year. Organic revenue growth was 13 per cent with all business groups contributing to this increase.

During the first quarter, the Group benefited from a favourable comparison base, particularly in Europe, where activity was affected last year by the impact of November 2015 attacks in Paris. The trend currently observed cannot reasonably be extrapolated for the full year. Retail sales revenue in the period grew by 19 per cent at actual exchange rates and 18 per cent at constant exchange rates.

For the first quarter of 2017, Christian Dior Couture posted revenue of 506 million Euros, up 18 per cent at actual exchange rates and 17 per cent at constant exchange rates compared with the same period in 2016.

Also ReadChristian Dior’s sales soar 5% in 2016

During the quarter, the first Spring/Summer 2017 Ready-to-Wear and Accessories collections designed by the new Creative Director for women’s fashion were very well received.

 

Have some news? Let us know on news@apparelresources.com

Recommended by Apparel Resources

Amazon’s net sales zooms in first quarter

Amazon.com Inc. has announced financial results for its first quarter ended March 31, 2017. During the period under review, the e-commerce giant’s net...

Duluth Holdings Celebrates Grand Opening of its Twentieth Store in Warwick, Rhode Island

BELLEVILLE, Wis., April 27, 2017 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading”) (NASDAQ:DLTH), a lifestyle brand of men’s and women’s casual wear, workwear and accessories,...

Zivame opens one more Studio in India

Indian lingerie e-retailer Zivame has launched its Studio in Chandigarh. The retailer has already launched its studios in seven cities: Bangalore, Pune, Delhi,...

Kering reports surge in first quarter revenue

Kering, the French holding group which owns fashion brands like Alexander McQueen, Balenciaga, Brioni, Gucci, Puma, Volcom, Saint Laurent Paris, and other luxury,...

Online fashion retailer Boohoo sees surge in sales

Online fashion retailer Boohoo recently unveiled its sales report for the year ended February 28, 2017. In the reporting period, the company’s net...

J.Crew announces strategic changes; to axe 250 employees

New York (US)-based fashion brand J.Crew has declared several calculated changes across its organization to place itself on a faster growth chart. As...

Fashion brand H&M named ‘Top Global Employer’: Report

Swedish fashion brand Hennes & Mauritz (H&M) has been named as Top Global Employer in Business of Fashion’s first ever annual report on The Best...

Sears gets new CFO in six months

American holding company Sears Holdings has recently announced appointment of Rob Riecker, the company’s controller and head of capital market activities as the...

BIBA plans to strengthen its kidswear segment

India-based ethnic wear retailer BIBA is planning to increase the number of its standalone stores for its kidswear category BIBA Girls and also...

LVMH to integrate Christian Dior Couture

The European multinational luxury goods conglomerate LVMH has announced that it is going to integrate the entire Christian Dior brand within the luxury...