Interim report
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Christian Dior 30 AVENUE MONTAIGNE Good start to the year for Christian Dior Paris , April 13th , 2021 The Christian Dior group recorded revenue of 14 billion euros for the first quarter of 2021 , up 32 % compared to the same period in 2020 and up 30 % on an organic basis . The quarter marks a return to growth after several quarters of decline during 2020 , a year that was severely disrupted by the global pandemic . Organic revenue grew 8 % compared to the first quarter of 2019 . All activities contributed to the good performance of the Group , with the exception of Selective Retailing , which was still impacted by the restrictions on international travel . Fashion & Leather Goods , in particular , had an excellent start to the year and achieved record levels of revenue . The United States and Asia enjoyed strong growth , while Europe is still affected by the crisis due to the impact of store closures across several countries and the suspension of tourism . Revenue by business group : Euro millions Wines & Spirits Fashion & Leather Goods Perfumes & Cosmetics Watches & Jewelry Selective Retailing Other activities and eliminations Q1 2021 1 510 6 738 1 550 PARIS 75008 1 883 2 337 ( 59 ) Q1 2020 1 175 4 643 1 382 792 2 626 ( 22 ) % Change Q1 2021 / Q1 2020 Reported + 29 % + 45 % + 12 % + 138 % - 11 % Organic * + 36 % +32 % ** + 52 % + 18 % + 35 % - 5 % % Change Q1 2021/2019 + 30 % Organic * + 17 % + 37 % - 4 % + 1 % - 30 % Total 13 959 10 596 * With comparable structure and constant exchange rates . ** The currency effect was -6 % and the structural impact ( linked entirely to the consolidation of Tiffany & Co. for the first time ) was + 8 % . + 8 % The Wines & Spirits business group recorded organic revenue growth of 36 % in the first quarter of 2021 compared to the same period of 2020 and 17 % compared to that of 2019 . Champagne volumes were up 22 % compared to the first quarter of 2020 , with good performances in Europe and the United States . Hennessy cognac saw its volumes increase by