Christian Dior news and archive

LVMH posts Q1 organic revenue growth of 3 percent

LVMH Moët Hennessy Louis Vuitton recorded revenue of 20.7 billion euros in the first quarter, down 2 percent reported, while organic revenue growth was 3 percent. LVMH said in a statement that the company had a good start to the year despite a geopolitical and economic environment that remains uncertain. While Europe and the United States...

Business

Christian Dior revenues increase 13 percent in 2023

Christian Dior group recorded revenue of 86.2 billion euros in 2023, equating to organic growth of 13 percent. In the fourth quarter, organic revenue growth came to 10 percent. Profit from recurring operations stood at 22.8 billion euros for 2023, up 8 percent, while the group share of net profit amounted to 6.3 billion euros, up 9 percent. The...

Fashion

Dior heading to New York to show pre-fall 2024

Christian Dior is continuing its love affair with New York, following its holiday takeover at Saks Fifth Avenue, with a catwalk show in the city for its women’s pre-fall 2024 collection on April 15. The show will take place at the Brooklyn Museum as a tribute to the “unwavering ties forged between Dior and the United States from the very...

Fashion |In Pictures Featured

Dior transforms Saks into a ‘Carousel of Dreams’ for the festive season

French luxury fashion house Dior has transformed the 10-story façade of Saks’ New York flagship store on Fifth Avenue with a ‘Carousel of Dreams’ window display and theatrical light show, alongside in-store installations and a digital pop-up to celebrate the holiday season. The immersive festive takeover features the “most extensive” holiday...

BusinessFeatured

LVMH revenue growth slows down in Q3

Luxury conglomerate LVMH Moët Hennessy Louis Vuitton recorded third quarter organic revenue growth of 9 percent to 19, 964 million euros down from a 17 percent rise in the second quarter. Organic revenue growth of 14 percent to 62,205 million euros in the first nine months of 2023. The company said in a statement that after taking into account...

BusinessFeatured

LVMH starts the fiscal year with strong sales growth

Luxury conglomerate LVMH Moët Hennessy Louis Vuitton recorded revenue of 21 billion euros in the first quarter of 2023, up 17 percent compared to the same period of 2022. Organic revenue growth was 17 percent. The company said in a release that LVMH had an excellent start to the year, within a geopolitical and economic environment which remains...

BusinessFeatured

LVMH appoints Pietro Beccari as Louis Vuitton CEO

Pietro Beccari, who has headed Christian Dior Couture since 2018, becomes chairman and chief executive officer of Louis Vuitton. LVMH said in a statement that Beccari succeeds Michael Burke, who will take up new responsibilities, reporting directly to Bernard Arnault, chairman and chief executive officer of LVMH, after spending ten years as the...

Culture |In Pictures Featured

‘Christian Dior: Designer of Dreams’ opens in Tokyo

The successful exhibition showcasing French fashion house Christian Dior has been reinvented for its opening in Tokyo, celebrating the “deep friendship” between Dior and Japan. ‘Christian Dior: Designer of Dreams’ runs until May 28, 2023, at the MOT, Museum of Contemporary Art in Tokyo, reworked for Japanese fans by curator Florence Müller and...

BusinessFeatured

Christian Dior SE names Antoine Arnault as CEO

Christian Dior SE has confirmed its board of directors has named Antoine Arnault as chief executive officer of Christian Dior SE and vice-chairman of the board of directors. Antoine Arnault, the eldest son of Bernard Arnault, chairman and chief executive at LVMH, will replace Sidney Toledano, who has decided to leave his executive management...

Fashion

This fashion week in pictures

Warsaw (Poland) - Climate activists protested against Black Friday sales and fast fashion in many major cities this week. In Warsaw protesters glued their hands to the shopping window inside an H&M store in the city center. In Amsterdam Extinction Rebellion organized a second hand clothes giveaway on Dam square and a demonstration in the...

BusinessFeatured

LVMH posts revenue increase of 28 percent, profit up 34 percent

LVMH Moët Hennessy Louis Vuitton recorded revenue of 36.7 billion euros in the first half of 2022, up 28 percent compared to the same period in 2021. Organic revenue growth was 21 percent. In the second quarter, the company said in a release, revenue increased by 27 percent, while organic revenue growth was 19 percent. Profit from recurring...

BusinessFeatured

Fashion labels boost Q1 revenue growth at LVMH

LVMH Moët Hennessy Louis Vuitton recorded revenue of 18 billion euros in the first quarter of 2022, up 29 percent compared to the same period in 2021. The company’s organic revenue growth was 23 percent. The company said in a release that LVMH had a good start to the year against a backdrop of continued disruption from the health crisis and...