Christian Dior : Financial Release

  Christian Dior : Financial Release

          REVENUE FOR THE 1^ST QUARTER OF THE 2013-2014 FISCAL YEAR

Business Wire

PARIS -- October 16, 2013

Regulatory News:

Christian Dior (Paris:CDI):

This financial release covers the period from July 1 to September 30, 2013,
which corresponds to the first quarter of the current fiscal year ending June
30, 2014.

The Christian Dior group recorded revenue of 7.4 billion euros for the period
from July 1 to September 30, 2013, an increase of 2% compared to the period
from July 1 to September 30, 2012. Organic revenue growth came to 9%.

The change in revenue at actual exchange rates was as follows:

                                 Period from July 1      Period from July 1

(EUR millions)                  to September 30, 2013  to September 30, 2012

                                 (3 months)              (3 months)
                                                      
Christian Dior Couture           369                     325
                                                         
LVMH                             7,020                   6,900
                                                         
Other activities and             (12)                    (11)
eliminations
                                                     
                                                         
Total                            7,377                   7,214

LVMH posted revenue of 7,020million euros, reflecting growth of 2% at actual
exchange rates and 8% at constant structure and exchange rates.
The Wines & Spirits and Watches & Jewelry business groups both accelerated
their respective growth rates when compared to the first six months of 2013.
The performance of the other business groups was comparable to the start of
the year. Europe has maintained a good level of resilience and the United
States and Asia continue to record strong growth.

Revenue by business group was as follows:

Period from July 1 to September 30, 2013 vs. period from July 1 to September
30, 2012
                                 Change at actual       Change at constant
(EUR millions)                  exchange rates        structure
                                                        and exchange rates
                                                   
Wines and Spirits                + 3%                   + 9%
Fashion and Leather Goods        - 4%                   + 3%
Perfumes and Cosmetics           - 2%                   + 4%
Watches and Jewelry              - 2%                   + 6%
Selective Retailing              + 13%                  + 19%
                                                    
                                                        
Total                            + 2%                   + 8%

Christian Dior Couture posted quarterly revenue of 369millioneuros, up 14%
at actual exchange rates and 19% at constant exchange rates versus the period
from July1 to September30,2012. The first quarter again saw strong growth
in retail sales revenue, which climbed 16% at actual exchange rates and 23% at
constant exchange rates. All markets and product lines contributed to this
excellent performance.

OUTLOOK

Despite the uncertain economic environment in Europe, the Christian Dior group
remains confident about the months to come and will continue its proactive
strategy centered on innovation and targeted geographic expansion in the most
promising markets. The Christian Dior group will rely on the power of its
brands and the talent of its teams to further extend its global leadership in
the luxury market.

During the quarter and to date, no events or changes have occurred which could
significantly modify the Group’s financial structure.

                                     * *

                                      *

APPENDIX: Revenue by business group and by accounting period

This announcement constitutes regulated information and is made available on
the Company’s website(www.dior-finance.com).

Some of the statements contained in this financial release may include or be
based on forward-looking information. Major risk factors, uncertainties as
well as elements either beyond our control or unable to be anticipated as of
this writing may thus cause actual results to differ significantly from those
expressed or implied by the forward-looking information in this financial
release. The statements made herein reflect our vision of the Group’s business
activities as of the date of this financial release. Accordingly, readers are
cautioned not to place undue reliance on the information thus provided.
Furthermore, it should be noted that we undertake no obligation to update
publicly or otherwise revise any forward-looking statements.

APPENDIX                                                                                
                                                                                                 
Christian Dior Group - Revenue by business
group and accounting period (*)
                                                                                                 
Current
fiscal year
                                                                                 
                                                                                                 
                Christian             Fashion                                     Other
                            Wines     and       Perfumes    Watches   Selective
(EUR            Dior        and                 and         and                   activities     Total
millions)                             Leather                         Retailing   and
                Couture     Spirits             Cosmetics   Jewelry
                                      Goods                                       eliminations
                                                                                 
                                                                                                 
Period from
July 1 to       369         1,032     2,428     879         677       2,101       (109)          7,377
September 30,
2013
                                                                                 
                                                                                                 
                                                                                                 
Corresponding
period in
prior year
                                                                                 
                                                                                                 
                Christian             Fashion                                     Other
                            Wines     and       Perfumes    Watches   Selective
(EUR            Dior        and                 and         and                   activities     Total
millions)                             Leather                         Retailing   and
                Couture     Spirits             Cosmetics   Jewelry
                                      Goods                                       eliminations
                                                                                 
                                                                                                 
Period from
July 1 to       325         1,006     2,523     898         690       1,862       (90)           7,214
September 30,
2012
                                                                                 
                                                                                                 
                                                                                                 
Fiscal year
ended June
30, 2013 (2
months)
                                                                                 
                                                                                                 
                Christian             Fashion                                     Other
                            Wines     and       Perfumes    Watches   Selective
(EUR            Dior        and                 and         and                   activities     Total
millions)                             Leather                         Retailing   and
                Couture     Spirits             Cosmetics   Jewelry
                                      Goods                                       eliminations
                                                                                 
                                                                                                 
Total           237         541       1,600     551         467       1,406       (34)           4,768
                                                                                 
                                                                                                 
                                                                                                 
Fiscal year ended April
30, 2013 (12 months)
                                                                                 
                                                                                                 
                Christian             Fashion                                     Other
                            Wines     and       Perfumes    Watches   Selective
(EUR            Dior        and                 and         and                   activities     Total
millions)                             Leather                         Retailing   and
                Couture     Spirits             Cosmetics   Jewelry
                                      Goods                                       eliminations
                                                                                 
                                                                                                 
Period from
May 1 to July   323         843       2,413     805         733       1,834       (49)           6,902
31, 2012
Period from
August 1 to     309         1,177     2,463     1,000       714       1,880       (102)          7,441
October 31,
2012
Period from
November 1,
2012 to         339         1,324     2,760     951         724       2,477       (111)          8,464
January 31,
2013
Period from
February 1 to   318         864       2,300     922         655       2,112       (97)           7,074
April 30,
2013
                                                                                 
                                                                                                 
Total           1,289       4,208     9,936     3,678       2,826     8,303       (359)          29,881
                                                                                 
                                                                                                 
(*) Figures
rounded to
the nearest
digit.

                                Christian Dior
                             30 AVENUE MONTAIGNE
                                    PARIS
                                   F-75008

Contact:

Christian Dior
PHONE +33 (0)1 44 13 22 22
 
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