To: Natalie@fashionista.com From: Anon@mous.com Have you heard that Galliano is on his way out at Dior? A source gave me this and the Ferre tip last week before any news broke.... --Balenciaga. (Well, we don't believe it, but guess we'll see how it pans out?)
Dior Seems Unaffected by Galliano's Departure With Revenue Up 21% (Plus an Update on Marc Jacobs at Dior)
Who says a racist tirade is bad for business? Dior just reported its earnings for the first nine months of 2011 and overall revenue (for the Dior brand specifically) increased about 21% at current exchange rates. This is despite the fact that the label's former creative director, John Galliano, made headlines for weeks for making antisemitic slurs, was fired, and then was put on very public (and live-Tweeted) trial. So is it really true what they say, that all press is good press?