A good product can last forever.
BERNARD ARNAULTIt 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.
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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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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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 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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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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Luxury goods are the only area in which it is possible to make luxury margins.
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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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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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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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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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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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I meet the designers very often, we discuss the products, they show me their ideas, we discuss the ad campaigns and every new invention that we can find for the future.
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In the luxury business, you have to build on heritage.
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