If you control your distribution, you control your image.
BERNARD ARNAULTChina 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. .
More Bernard Arnault Quotes
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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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Affordable luxury – these are two words that don’t go together.
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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 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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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 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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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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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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In the luxury business, you have to build on heritage.
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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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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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Luxury goods are the only area in which it is possible to make luxury margins.
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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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