Luxury goods are the only area in which it is possible to make luxury margins.
BERNARD ARNAULTLuxury goods are the only area in which it is possible to make luxury margins.
More Bernard Arnault Quotes
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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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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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I take time to get close to, and I don’t immediately throw my arms round someone.
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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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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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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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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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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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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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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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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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