What we do in our group is the opposite of the bad effects of globalization. We produce in Italy and in France and we sell to China, when usually it’s the opposite.
BERNARD ARNAULTWhen you are on the management side, you still have to understand the artistic sensibility so that there is a dialogue with the creative side.
More Bernard Arnault Quotes
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Affordable luxury – these are two words that don’t go together.
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Working in the context of ultra-famous brands like Dior and Vuitton, creative spirits are always going to feel reined in. It’s important that they are free to develop ideas. And rather than detracting from the principal job, it reinforces it. I think of that money as venture capital. It’s not a big investment.
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And rather than detracting from the principal job, it reinforces it. I think of that money as venture capital. It’s not a big investment.
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It’s true that I am not from the south and I have a certain reserve. I take time to get close to, and I don’t immediately throw my arms round someone. But it is more a question of style.
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Louis Vuitton, the world’s biggest luxury brand in terms of sales, is planning to dampen its expansion worldwide and focus on high-end products to preserve its exclusive image.
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I’ve always been pleased with the investments I’ve made with my friend Albert Frere and I regret not having followed him more, because I would have been a lot richer.
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I’ve always been pleased with the investments I’ve made with my friend Albert Frere and I regret not having followed him more, because I would have been a lot richer.
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I like that combination between creativity and the creative process and the organization needed to make a business like this successful worldwide.
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When you are on the management side, you still have to understand the artistic sensibility so that there is a dialogue with the creative side.
BERNARD ARNAULT -
In the luxury business, you have to build on heritage.
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Louis Vuitton, the world’s biggest luxury brand in terms of sales, is planning to dampen its expansion worldwide and focus on high-end products to preserve its exclusive image.
BERNARD ARNAULT -
When something has to be done, do it! In France we are full of good ideas, but we rarely put them into practice.
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I like that combination between creativity and the creative process and the organization needed to make a business like this successful worldwide.
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Luxury goods are the only area in which it is possible to make luxury margins.
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It is not enough to have a talented designer; the management must be inspired too. The creative process is very disorganised; the production process has to be very rational.
BERNARD ARNAULT