After the untimely death of Dior in 1957 left the House of Dior in chaos, management considered shutting down operations worldwide. Dior licensees and the French fashion industry strongly opposed the closure; Maison Dior was too important for the financial stability of the industry. To bring the label back on its feet, the 21-year-old Yves Saint-Laurent was promoted to Artistic Director. After the debut of his first collection for Dior, Laurent was hailed as a national hero for designing a collection just as meticulously made and perfectly proportioned as Dior's in the same exquisite fabrics, except this young designer made them softer, lighter and easier to wear. However, after taking more daring creative steps to in his much-criticized Beat look in 1960, he was quickly replaced by Marc Bohan in late 1960.
After the acquisition of the brand by Bernard Arnault and his investment group (which would eventually become luxury conglomerate LVMH) in 1984, Bohan was replaced in 1989, with a succession of designers taking over Dior’s artistic reins, including Gianfranco Ferré, John Galliano, Raf Simons, and Maria Grazia Chiuri.
To this day, the Dior empire continues to grow and succeed, with a recorded revenue of 43.7 billion euros in 2017.
Current Creative Director: Maria Grazia Chiuri