A good product can last forever.
BERNARD ARNAULTFrom time to time, the Vienna Philharmonic could play without a conductor because they are so good.
More Bernard Arnault Quotes
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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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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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Luxury goods are the only area in which it is possible to make luxury margins.
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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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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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A good product can last forever.
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Affordable luxury – these are two words that don’t go together.
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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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If you control your distribution, you control your image.
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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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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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In the luxury business, you have to build on heritage.
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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 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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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.
BERNARD ARNAULT