The death of the head designer left the House of Dior in chaos and general manager Jacques Rouët considered shutting down operation worldwide. This possibility was not received graciously by Dior licensees and the French fashion industry; the Maison Dior was too important to the financial stability of the industry to allow such an action. To bring the label back on its feet, Rouët promoted the 21-year-old Yves Saint-Laurent to Artistic Director the same year.Laurent had joined the House's family in 1955 after being picked out by the original designer himself for the position of the first ever and only Head Assistant.Laurent initially proved to have been the most appropriate choice after the debut of his first collection for Dior (The mention of Dior from this moment on refers to the company) in 1958. The clothes were as meticulously made and perfectly proportioned as Dior's in the same exquisite fabrics, but their young designer made them softer, lighter and easier to wear. Saint Laurent was hailed as a national hero. Emboldened by his success, his designs became more daring, culminating in the 1960 Beat Look inspired by the existentialists in the Saint-Germain des Près cafés and jazz clubs. His 1960 bohemian look was harshly criticized, and even more in Women's Wear Daily. Marcel Boussac was furious, and, in the spring, when Saint Laurent was called up to join the French army—which forced him to leave the House of Dior—the Dior management raised no objection. Saint-Laurent left after the completion of six Dior collections.
Laurent was replaced at Dior by designer Marc Bohan in late 1960. Bohan instilled his conservative style on the collections. He was credited by Rebecca Arnold as the man who kept the Dior label "at the forefront of fashion while still producing wearable, elegant clothes," and Women's Wear Daily, not surprisingly, claimed that he "rescued the firm."[Bohan's designs were very well esteemed by prominent social figures. Actress Elizabeth Taylor ordered twelve Dior dresses from Bohan's Spring-Summer 1961 collection featuring the "Slim Look". The Dior perfume "Diorling" was released in 1963 and the men's fragrance "Eau Sauvage" was released in 1966. Bohan's assistant Philippe Guibourgé launches the first French ready-to-wear collection "Miss Dior" in 1967. This is not to be confused with the already existing New York Ready-to-Wear store established in 1948. Designed by Bohan, "Baby Dior" opens its first boutique in 1967 at 28 Avenue Montaigne. The Christian Dior Coordinated Knit line is released in 1968 and management of the Fashion Furs Department of Christian Dior is taken by Frédéric Castet.This year as well, Dior Parfums was sold to Moët-Hennessy (which would itself become LVMH) due to Boussac's ailing textile company (the still-owner of Dior).This however had no effect on the House of Dior operations, and so the Christian Dior Cosmetics business was born in 1969 with the creation of an exclusive line.
Following this, Bohan launched the first Christian Dior Homme clothing line in 1970. A new Dior boutique at Parly II was decorated by Gae Aulenti and the "Diorella" perfume was released in 1972. Christian Dior Ready-to-Wear Fur Collection was created in France in 1973, and then manufactured under license in the United States, Canada, and Japan.The first Dior watch "Black Moon" was released in 1975 in collaboration with licensee Benedom. Dior haute-couture graces the bodies of Princess Grace of Monaco, Nicaraguan First Lady Hope Portocarrero, Princess Alexandria of Yugoslavia, and Lady Pamela Hicks (Lord Mountbatten of Burma's younger daughter) for the wedding of HRH The Prince of Wales and Lady Diana Spencer. In 1978, the Boussac Group filed for bankruptcy and so its assets (including those of Christian Dior) were purchased by the Willot Group under the permission of the Paris Trade Court. The perfume "Dioressence" was released in 1979.
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