I am and will remain a tax resident in France and in this regard I will, like all French people, fulfill my fiscal obligations.
BERNARD ARNAULTI meet the designers very often, we discuss the products, they show me their ideas, we discuss the ad campaigns and every new invention that we can find for the future.
More Bernard Arnault Quotes
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If you deeply appreciate and love what creative people do and how they think, which is usually in unpredictable and irrational ways, then you can start to understand them. And finally, you can see inside their minds and DNA.
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I think in business, you have to learn to be patient. Maybe I’m not very patient myself. But I think that I’ve learned the most is be able to wait for something and get it when it’s the right time.
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When I was working in my first job engineering construction, what I liked the most was working with architects and making buildings that had this creative side coming from the architect and that were making them a big success.
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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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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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A good product can last forever.
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If you control your distribution, you control your image.
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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.
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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’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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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.
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Luxury goods are the only area in which it is possible to make luxury margins.
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From time to time, the Vienna Philharmonic could play without a conductor because they are so good.
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Luxury goods are the only area in which it is possible to make luxury margins.
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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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