Christian Dior Couture, owner of LVMH posts 3% turnover increase for second half 2013
In the first six months ended December 31, 2013 , the Christian Dior Finance, owner of LVMH Group totaled EUR 16.2 billion in revenues , an increase of 3 % compared to the same period of 2012 (up 9 % at constant exchange rates ) . The turnover of the subsidiary Christian Dior Couture has grown by 14% to 758 million (+20 % at constant currencies).
The excellent performance of Couture, as explained by the French group , benefited from the good performance of the segments Maroquinerie , prêt-à -porter homme and femme and accessories. The operating profit of the house half-year rose 31 % to 108 million. Revenues from January to December 2013 showed a 14% to 1.4 billion , while EBIT increased by 26 % to 165 million.
But the group was mainly affected by the trend of Dior LVMH subsidiary , which in the six months reached 15.5 billion in revenues , an increase of 2%. The half-year operating profit of the group Dior has reached 3.4 billion euro , an increase of 2 % , and profits totaled 0.8 billion ( in the photo, a model of haute couture fashion show for spring- summer 2014 ).