I take time to get close to, and I don’t immediately throw my arms round someone.
BERNARD ARNAULTWhen you are on the management side, you still have to understand the artistic sensibility so that there is a dialogue with the creative side.
More Bernard Arnault Quotes
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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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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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Affordable luxury – these are two words that don’t go together.
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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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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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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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A good product can last forever.
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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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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 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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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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In the luxury business, you have to build on heritage.
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Affordable luxury – these are two words that don’t go together.
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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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Luxury goods are the only area in which it is possible to make luxury margins.
BERNARD ARNAULT