Christian Dior achieves 3% organic revenue growth in the first quarter - Seite 2

The Fashion & Leather Goods business group achieved organic revenue growth of 2% in the first quarter of 2024. Louis Vuitton made an excellent start to the year, once again buoyed by the creativity and quality of its products. The Maison celebrated ten years of Nicolas Ghesquière’s designs for Louis Vuitton at his latest Women’s show, held in the Louvre’s Cour Carrée courtyard in Paris. Pharrell Williams presented his new Men’s collection, inspired by the classic American West wardrobe. His vision of the Speedy P9 bag, featuring a range of new colors, was a major success. Illustrating Louis Vuitton’s support for Paris 2024 and its long history as a master trunk-maker, the Maison unveiled the unique trunks designed to house the medals and torches for the Paris 2024 Olympic and Paralympic Games. Christian Dior Couture continued to show remarkable creative momentum in all its products. Maria Grazia Chiuri and Kim Jones continued to pay tribute to the Maison’s iconic designs, raising Dior’s visibility to record levels – with as many as 390 million views for the livestream show of its Women’s Winter 2024 ready-to-wear collection – while a new series, entitled The New Look, retraced the creation and rise of the House of Dior. The opening in Geneva of an exceptional store designed by architect Christian de Portzamparc was a highlight of the quarter. Celine’s new Collection de l’Arc de Triomphe, designed by Hedi Slimane, continued to elevate the brand’s desirability. Loewe launched its first major exhibition in Shanghai, commissioned by Jonathan Anderson, as a tribute to the Maison’s Spanish heritage. Fendi expanded its Selleria leather goods line. Loro Piana once again achieved excellent momentum in all its product categories. Rimowa and Berluti experienced a good start to the year.

The Perfumes & Cosmetics business group achieved organic revenue growth of 7%, driven by its powerful innovative momentum and selective distribution strategy. Christian Dior delivered an excellent performance, spurred by the ongoing success of iconic fragrances Sauvage, J’adore and Miss Dior, the new Parfum edition of which showed remarkable results. The relaunch of Rouge Dior in makeup and the Capture skincare line also contributed to the Maison’s rapid growth. Guerlain was buoyed by robust demand for its Aqua Allegoria fragrances, enriched with a new Florabloom version, as well as its new Abeille Royale creams and the success of Terracotta in makeup. Parfums Givenchy was boosted by the expansion of its L’Interdit fragrance. Maison Francis Kurkdjian posted solid growth, driven in particular by its iconic Baccarat Rouge 540.