Christian Dior

The Fashion & Leather Goods business group saw its revenue and profit decline in the first half of 2025, nevertheless showing good resilience with local customers, whereas the first half of 2024 had been boosted by strong growth in tourist spending, particularly in Japan. The operating margin remained at a very high level. Louis Vuitton continued to demonstrate powerful creativity through its continuously reinvented iconic products and unique experiences offered by its “Maisons”. A prime example was “The Louis”, a museum-like space in the form of a cruise ship located in the heart of Shanghai, epitomizing the “spirit of travel” that has driven the Maison since its founding in 1854 by Louis Vuitton himself. It was also reflected by Nicolas Ghesquière’s latest show at the Palais des Papes in Avignon, and Pharrell Williams’ show held in Paris. Christian Dior appointed Jonathan Anderson as the new Creative Director of Haute Couture, Men’s and Women’s collections of clothing and accessories. His first Men’s collection, unveiled in June at the Hôtel des Invalides in Paris, was an immense success. Victoire de Castellane presented her Diorexquis high jewelry collection, an ode to Monsieur Dior’s love of nature. Loro Piana celebrated its 100th anniversary with its first-ever exhibition at the Museum of Art in Shanghai. The Resort 2025 line and the Maison’s Icons delivered a remarkable performance. Fendi kicked off its centennial celebration in Milan with a coed runway show led by Silvia Fendi at the Maison’s new “Solari” location. Celine presented Michael Rider’s first collection, while Givenchy unveiled the first collection designed by Sarah Burton. Both collections were particularly well received. At Loewe, Jack McCollough and Lazaro Hernandez were announced as the Maison’s new Creative Directors.

Perfumes & Cosmetics