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Mission Statement<br />
Executive Summary<br />
“ True Luxury requires genuine<br />
materials and the craftsman’s<br />
sincerity. It is only meaningful<br />
when it respects tradition.”<br />
- Christian Dior<br />
Christian Dior Group is a solid, affluent and highly achieved luxury brand. Under LVMH Moet Hennessy Louis<br />
Vuitton, the Dior brand is characterized by outstanding resilience in an economic climate of such monetary<br />
uncertainty. Christian Dior aligns itself with the principles of quality, alliance, tradition, and innovation. Dior’s market<br />
responsiveness (especially as it pertains to retail) is highly action-oriented, thanks to their talented team ambitions.<br />
There are many Dior Key Success Factors that contribute to this world-renowned success. These include: quality,<br />
an entrepreneurial spirit, the strive to pass on expertise, brand exclusivity, and the drive to surpass themselves.<br />
The value of quality is highly appreciated throughout the country of Sweden, and Christian Dior is a brand that<br />
encompasses that. Sweden - a country of tremendous innovation rooted in folklore tradition - will prove to be a<br />
promising environment for a brand with such entrepreneurial spirit. Dior seeks to inspire, and they have the financial<br />
and artistic means to do so.<br />
However, for plans of new international retailing, results are subject to various types of uncertainties that don’t have<br />
to be accounted for in homeland-national territory. For Dior, these include changes in customer purchasing power,<br />
the value of operation assets located abroad, economic changes that are not necessarily simultaneous from one<br />
geographic location to another, and provisions of corporate or tax law, customs regulations or import restrictions<br />
imposed by some countries that may penalize Dior.<br />
Other, less fiscal risks and threats to take into account include vast cultural differences between France and<br />
Sweden, an inability to timely identify a Swedish target market and individual target customer, and seasonality<br />
concerns.<br />
Fortunately, the plan to open the pop-up shop during Christmas time will serve as an excellent opportunity to cater<br />
to such an unidentified target market’s tastes and behaviors. The Christian Dior Brand does not currently operate<br />
anywhere in Sweden. The opportunity to open a store in the country’s capital is an exciting new opportunity.<br />
Starting smaller with an impermanent Christmas season pop-up shop will surely add a new air of excitement and<br />
lust after the Dior brand and their beautiful, timeless pieces. Dior has stood the test of time, through innovation,<br />
expansion and transformation. Sweden will welcome Dior’s elegance warmly, even during such fiercely cold<br />
months.