Luxury goods are the only area in which it is possible to make luxury margins.
BERNARD ARNAULTOnce 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.
More Bernard Arnault Quotes
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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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In the luxury business, you have to build on heritage.
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I am and will remain a tax resident in France and in this regard I will, like all French people, fulfill my fiscal obligations.
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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.
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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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Affordable luxury – these are two words that don’t go together.
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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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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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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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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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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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From time to time, the Vienna Philharmonic could play without a conductor because they are so good.
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A good product can last forever.
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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.
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Luxury goods are the only area in which it is possible to make luxury margins.
BERNARD ARNAULT