New record year for Christian Dior group in 2022 . Revenue 79 billion euros . Profit from recurring operations 21 billion euros . Both up 23% . A strong social and economic footprint in France Paris, January 26th, 2023 Christian Dior group recorded revenue of €79.2 billion in 2022 and profit from recurring operations of €21.0 billion, both up 23%. All business groups achieved significant organic revenue growth over the year (see table on page 3). Fashion & Leather Goods notably reached record le
The world’s richest man, Bernard Arnault, is choosing which of his children will lead his $418bn conglomorate. Cue gold-plated intrigue and drama …
Gucci kicked off Milan fashion week on Friday with a lineup of slouchy, androgynous menswear styles, forging ahead with its latest collection while the industry waits for owner Kering to name a new designer for the label. French luxury group Kering faces pressure to quickly find a replacement following the abrupt departure in November of Alessandro Michele, the flamboyant designer who was a favourite of Harry Styles and Lady Gaga, and reignite sales growth at its largest brand, which accounted for two thirds of profits in 2021. The question of who will steer Gucci's creative direction loomed over the megabrand's first men's show in the Italian fashion capital in three years.