Christian Dior: 9m sales growth reaches 10%
(CercleFinance.com) - Christian Dior group - which holds the majority of voting rights in LVMH - has announced sales of E62.
2bn in the first nine months of 2023, up 10% as reported and +14% organically.
All businesses reported solid organic sales growth over the period, apart from wines and spirits, which had a high comparison basis. Europe, Japan and the rest of Asia achieved double-digit organic growth.
Organic sales growth was 9% in Q3. The Group is counting on the dynamism of its brands and the talent of its teams to further strengthen its lead in the global luxury goods market in 2023, it said.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
2bn in the first nine months of 2023, up 10% as reported and +14% organically.
All businesses reported solid organic sales growth over the period, apart from wines and spirits, which had a high comparison basis. Europe, Japan and the rest of Asia achieved double-digit organic growth.
Organic sales growth was 9% in Q3. The Group is counting on the dynamism of its brands and the talent of its teams to further strengthen its lead in the global luxury goods market in 2023, it said.
Copyright (c) 2023 CercleFinance.com. All rights reserved.