Christian Dior posts strong consolidated sales growth in Sep
19 Oct '05
2 min read
Consolidated sales for the Christian Dior Group reached EUR 10,058 million at 30 September 2005.
Organic sales growth, on a comparable structural and constant exchange rate basis, rose by 12 percent.
LVMH achieved revenue of EUR 9 598 million in the first nine months of 2005, or 12 percent organic growth compared to the same period in 2004.
During the third quarter, all geographic zones where the group is present recorded an increase in revenues, with an acceleration of growth in Europe and Japan. Asia and the United States maintained high levels of growth. All business groups posted double digit organic growth for the third quarter with a significant increase in Watches & Jewelry and Perfumes & Cosmetics. Louis Vuitton continued to achieve double digit organic sales growth in the third quarter.
Christian Dior Couture saw the increase in revenues accelerate during the third quarter of 2005 to reach EUR 179 million, an increase of 14 percent on a current exchange rate basis. This result can be attributed to all product categories, including the remarkably successful autumn/winter collections and the new Dior Jewelry products. Revenues at end September reached EUR 479 million, an increase of 11 percent on current rates (12 percent on a constant exchange rate basis).
The Christian Dior Group confirms its objective of a significant increase in profit from recurring operations in 2005.
France based famous Christian Dior group is well-known for its cosmetics, beauty products, makeup tips, skincare, fragrances for men and women. Christian Dior Group intends to improve its performance and increase its leading edge. The confidence is based on the talent of their teams, managers, artisans and designers, on the mobility and responsiveness of the organization, on their ability to stimulate high-potential brands, and on the power of their retail networks.