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.
BERNARD ARNAULTAnd rather than detracting from the principal job, it reinforces it. I think of that money as venture capital. It’s not a big investment.
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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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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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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Affordable luxury – these are two words that don’t go together.
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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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When I was working in my first job engineering construction, what I liked the most was working with architects and making buildings that had this creative side coming from the architect and that were making them a big success.
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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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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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Luxury goods are the only area in which it is possible to make luxury margins.
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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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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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A good product can last forever.
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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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A good product can last forever.
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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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