If you control your distribution, you control your image.
BERNARD ARNAULTLuxury goods are the only area in which it is possible to make luxury margins.
More Bernard Arnault Quotes
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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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Affordable luxury – these are two words that don’t go together.
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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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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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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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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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If you control your distribution, you control your image.
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China is clearly going to be the number one economic power and it is already full of potential.. with lots of population and the buying power increasing by the day. .
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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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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 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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In the luxury business, you have to build on heritage.
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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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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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A good product can last forever.
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