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.
BERNARD ARNAULTAffordable luxury – these are two words that don’t go together.
More Bernard Arnault Quotes
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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 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 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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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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In the luxury business, you have to build on heritage.
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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 take time to get close to, and I don’t immediately throw my arms round someone.
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Luxury goods are the only area in which it is possible to make luxury margins.
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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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If you control your distribution, you control your image.
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Affordable luxury – these are two words that don’t go together.
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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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From time to time, the Vienna Philharmonic could play without a conductor because they are so good.
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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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