PARIS — Operating profits at the Dior fashion house totaled 35 million euros, or $45.8 million, for the two months ended June 30.

Revenues in the period totaled 237 million euros, or $309.9 million.

Comparative figures for the prior-year period were not disclosed as Christian Dior SA, the holding company for LVMH Moet Hennessy Louis Vuitton and the Dior fashion house, only recently changed its fiscal-year end date to June 30 from April 30.

Net profit for the holding company came to 566 million euros, or $740.2 million, on revenues of 4.77 billion euros, or $6.24 billion.

RELATED CONTENT: Dior RTW Spring 2014 >>

Dollar figures are converted at average exchange rates for the period in question.

The French luxury giant cited “good resilience” in Europe and “sustained momentum” in Asia, the U.S. and Japan. It also trumpeted “robust” revenue growth at Dior and “exceptional” profitability at Louis Vuitton.

Operating profits in the fashion and leather goods division amounted to 517 million euros, or $676.1 million, on revenues of 1.6 billion euros, or $2.09 billion.

The company gave no specific guidance other than to “continue to gain market share thanks to numerous product launches planned for the months ahed and its geographic expansion in promising markets.”

load comments
blog comments powered by Disqus