Christian Dior Maintains its Growth in a Tense Geopolitical Context

Christian Dior recorded sales of €19.1 billion in the first quarter of 2026. The group demonstrated remarkable resilience despite a global environment impacted by the conflict in the Middle East. In the United States, the year began well, while local demand in Europe and Japan offset the decline in tourism. Asia, excluding Japan, showed strong growth. Conversely, growth in the Middle East was hampered by the conflict, reducing organic growth by approximately 1%.

By sector, Wines and Spirits saw organic growth of 5%, with a strong start to the year for Champagne in Europe. Fashion, down 2%, and Leather Goods were impacted by the geopolitical situation. Perfumes and Cosmetics, stable organically, relied on continuous innovation. Watches and Jewelry grew by 7% thanks to solid results at Tiffany and Bulgari. Finally, in Selective Retailing, sales increased by 4%, supported by Sephora.