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.
BERNARD ARNAULTOh, I was brought up in the north of France, and I had a very enjoyable childhood with my family working as entrepreneur.
More Bernard Arnault Quotes
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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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In the luxury business, you have to build on heritage.
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A good product can last forever.
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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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I take time to get close to, and I don’t immediately throw my arms round someone.
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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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If you control your distribution, you control your image.
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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.
BERNARD ARNAULT -
In the luxury business, you have to build on heritage.
BERNARD ARNAULT -
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.
BERNARD ARNAULT -
Oh, I was brought up in the north of France, and I had a very enjoyable childhood with my family working as entrepreneur.
BERNARD ARNAULT -
Luxury goods are the only area in which it is possible to make luxury margins.
BERNARD ARNAULT -
If you control your distribution, you control your image.
BERNARD ARNAULT -
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.
BERNARD ARNAULT