Dior CEO sees no signs yet of U.S. recovery

Mon Jul 6, 2009 10:28am EDT
 
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PARIS, July 6 (Reuters) - The chief executive of fashion group Dior said on Monday his company was not yet seeing signs of a recovery in the United States, although it was faring better in Europe and Britain.

Sydney Toledano, chief executive of Dior, which is part of the LVMH (LVMH.PA) luxury group, said trading for Dior in Europe was better than in the United States and added the company was doing well in Britain, where it was benefiting from a weak pound and demand from tourists. "In England, we have double-digit growth," he said. (Reporting by Astrid Wendlandt; Editing by David Holmes)

 

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