Affordable luxury – these are two words that don’t go together.
BERNARD ARNAULTIf you control your distribution, you control your image.
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.
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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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I take time to get close to, and I don’t immediately throw my arms round someone.
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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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Luxury goods are the only area in which it is possible to make luxury margins.
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Luxury goods are the only area in which it is possible to make luxury margins.
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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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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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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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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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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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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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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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