Christian Dior Couture Sales Up
Part of the fun of writing up a piece on Christian Dior Couture is the chance to showcase a photo yet another of the fabulous designs of John Galliano. As WWD reported last month, haute couture is hot right now, bearing out the trend that while mid-level luxury is faltering, all is well at the top of the market. Now Christian DIor Couture backs that up with the news that first half sales increased 5 percent at constant exchange rates to 366 million euros, or $560.2 million. Dior released a statement saying that they are strong in China, Russia, and the Middle East as well as Europe. The couture news was released with results for Christian Dior Group, the parent of LVMH Moët Hennessy Louis Vuitton and Christian Dior Couture which showed that the revenues at the holding company rose 11 percent at constant exchange to 8.15 billion euros, or $12.48 billion but the group share of net profit dipped 1.7 percent to 352 million euros or $538.8 million. Looks like they'll be turning out these pretty dresses for a long time to come.