Once we decided to do a tower in New York, it had to say something about our group, reflecting the mix of modernity and creativity in our organization. It’s a symbol.
BERNARD ARNAULTAnd rather than detracting from the principal job, it reinforces it. I think of that money as venture capital. It’s not a big investment.
More Bernard Arnault Quotes
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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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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.
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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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A good product can last forever.
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I think this is a challenge we face, how the global region will evolve in stability with such a fast growth. If they succeed to do that, no doubt, in the next generation it will be the major area of the world, economically.
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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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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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Oh, I was brought up in the north of France, and I had a very enjoyable childhood with my family working as entrepreneur.
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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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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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I take time to get close to, and I don’t immediately throw my arms round someone.
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I take time to get close to, and I don’t immediately throw my arms round someone.
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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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If you control your distribution, you control your image.
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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