Christian Dior Couture grows 13% in 1st quarter
Christian Dior Couture, the umbrella group for the Christian Dior labels excepting fragrances, started its 2015-16 fiscal year with a bang. In the quarterly period from 1st July to 30th September 2015, the luxury couture and ready-to-wear fashion label saw its sales jump 13% at current exchange rates, or 5% at constant yearly exchange rates, reaching €471 million, the group has stated in a press release.
Specifically, the fashion house recorded a 15% increase in retail sales at current exchange rates, or 7% at constant exchange rates, boosted by the positive reception enjoyed by Creative Director Raf Simons' collections.
Christian Dior Couture is 100% owned by the Christian Dior Group, which in turn owns 40.9% of LVMH. In the press release, Christian Dior Couture stated that for the period in question "[the group] continued to record strong growth in Europe and the US, and has accelerated in Japan."
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