Raf Simons And Dior Renewal Will Not Make A "Break Up".
After the closing of the Paris stock market, Christian Dior Dior suddenly announced heavy news, saying that the Belgian designer Raf Simons will end its 3 and a half years of cooperation and leave the Old French fashion house.
In the statement, Raf Simons said that the creative director of the outgoing Christian Dior Dior women's clothing was based entirely on his own will. He hoped to focus on other interests including his personal brand.
The Christian Dior spring 2016 spring and summer series released in October 2nd has already made a stop for the brand's Raf Simons era. Jil Sander, who left the service for 7 years at the beginning of 2012, entered the Christian Dior Dior in April of the same year, becoming the sixth Simons 3 of the creative director after the founding of the company. After that, it has been praised for its 2012 autumn and winter series.
Raf Simons's Christian Dior Dior is booming and continues to grow rapidly. In the 2015 fiscal year ended June 30th, the brand realized annual revenue of 1 billion 765 million euros, a 76.5% increase over the 1 billion fiscal year of fiscal year 2011 before Raf Simons. The profit increased by more than 200% to 226 million euros, while the profit in the 2011 fiscal year was only 85 million euros.
In the first quarter of the past 2016 fiscal year, Christian Dior Couture Dior's net income rose 12.9% to 471 million euros, while the fixed exchange rate organic income growth rate was 5%. Retail business Organic income increased by 7%.
Raf Simons thanked Christian Dior Dior and LVMH Mo Mo t Hennessy Louis Vuitton SA Vuitton (MOET & CHANDON) Hennessy Hennessy LV group boss. Bernard Arnault and Sidney Toledano are also known as the decision to understand Raf Simons, and thank him for his outstanding contribution to the brand.
Christian Dior Dior is still looking for the successor to Raf Simons.
Bernard Arnault And her daughter, Louis Vuitton Louis Weedon Delphine Delphine, who is good at finding new designers, will emulate her rival Kering SA (KER.PA). Gucci And Balenciaga, the designer of the house of Paris, is really looking forward to it. Or they will decide to "rotate jobs" within the group, and Givenchy Riccardo Tisci and Loewe Jonathan Anderson are likely to succeed.
Luxury group shares generally rose after Thursday afternoon, and Christian Dior SA (CDI.PA) rose 3.17% to 175.55 euros. The LVMH Mo t Hennessy Louis Vuitton SA (LVMH.PA) was 165.15 euros, up 4.49%. Two stocks rose 22.9% in 2015 and 24.9% respectively.
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