Christian Dior (EPA: CDI) is a luxury retailer based in Paris. Christian Dior sells men's and women's clothing and accessories, including outerwear, evening wear, and perfumes. The firm has been resilient to harsh economic conditions in Europe, as luxury consumers have not been affected. Although, the firm may experience lower profit margins in the current fiscal year due to rising cotton prices and the dismissal of Dior's head designer.
European countries (Portugal, Ireland, Italy, Greece and Spain in particular) experienced debt contagion in the past fiscal year and into the current fiscal year. Although, Christian Dior has been immune to the weak economic conditions thus far, in addition to other luxury retailers.
Fuerralz? That's marvelously good to know.
Christian Dior competes against other retailers in the high-luxury fashion division.