PARIS — Christian Dior Couture said sales rose 24 percent in 2012, when the brand welcomed Raf Simons as its new creative director of women’s ready-to-wear and accessories.
Between Jan. 1 and Dec. 31, sales at the fashion house totaled 1.24 billion euros, or $1.59 billion, with all product lines contributing to a healthy sales progression in its network of stores. At constant exchange rates, the increase stood at 17 percent.
“These results reaffirm the exceptional quality of Dior’s products and the powerful appeal of its stores,” the company stated.
Christian Dior SA is the holding company for LVMH and Christian Dior Couture. It reported sales rose 19 percent in 2012 to 29.3 billion euros, or $37.67 billion, including the integration of Bulgari as of June 30, 2011. Organic revenue growth was 9.5 percent.
Christian Dior said that since it had modified the date on which its fiscal year ends to April 30, financial data for the period of Jan. 1 to Dec. 31, 2012, did not correspond to any statutory accounting period.
“These data are published for information purposes in anticipation of the later disclosure of financial results as of Dec. 31, 2012, by an affiliated company,” it said.
Breaking: @cushnieetochs’ co-founders @carlycushnie and @ochsmichelle are parting ways. After a 10-year run, Ochs is leaving the brand. Get the full story on WWD.com – link in bio. #wwdnews #wwdfashion
@maybelline’s Kanako Takase had snow bunnies in mind when creating the beauty look for @philipppleininternational. Playing off of the bedazzled snowboards in the collection, Takase mixed two highlighters together for a luminous sheen. #wwdbeauty #nyfw (📷: @jilliansollazzo)
“There’s a huge gap between the old way of doing things and today. It takes the youth to help evolve that. You have to count on the kids today to help lead you into the future. A lot of these retailers are stuck in the past. Communication is the biggest thing,” said @ronniefieg of @kith on the youth’s role in retail. On Monday night, Jeff Staple moderated a keynote session with Fieg and @syresmith at Assembly - a series of workshops, talks and keynotes addressing topics or issues in the apparel industry. Head to WWD.com to read more advice from Fieg and what Smith thinks of his dad @willsmith’s Instagram account and sustainability (📷: @weston.wells)
@joansmalls closed the @michaelkors fall 2018 show in black sequined pants and a varsity T printed with 19 on the front and 81 on the back. 1981 – the year Kors went into business. #wwdfashion #nfyw (📷: @giovanni_giannoni_photo)
“You think your life is going to be a certain way, and nothing you thought would happen ends up happening. Never in my wildest dreams did I think I’d be designing clothes and working with Mickey Drexler, and building something I’m deeply proud of,” said Jenna Lyons. Nine months after leaving @jcrew, Lyons is exploring the meaning of happiness. Read the interview, where Lyons talks about reinvention and more on WWD.com – link in bio. #wwdfashion (📷: Farrell) #jennalyons #jcrew