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Christian Dior Couture sales boom!

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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.

 

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