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Investing.com -- Christian Dior (EPA:DIOR) saw its shares slump around 7% in European trading Tuesday after the company reported first-quarter revenue of 20.3 billion euros for 2025, marking a 2% year-on-year decline.
The company cited a “disrupted geopolitical and economic environment” as a continued drag on overall performance.
The decline from 20.69 billion euros a year earlier was primarily driven by weakness in the Wines & Spirits division, where revenue dropped 8%.
The Fashion & Leather Goods segment also declined, with sales falling 4% to 10.1 billion euros from 10.49 billion euros. Despite the drop, the company said the category remained resilient, supported by strong demand in Japan.
Performance was more stable across other segments. Perfumes & Cosmetics revenue was flat at 2.18 billion euros, while Watches & Jewellery edged up 1% to 2.48 billion euros.
Sales in Selective Retailing held steady at 4.19 billion euros.
Regionally, Europe led growth for Christian Dior in the first quarter, while sales in the U.S. saw a modest decline.
Revenue in Japan was down compared to the same period last year, though the company noted a lift from increased spending by Chinese tourists.