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DIOR BOOK final

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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.

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