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Affordable luxury – these are two words that don’t go together.

Bernard Arnault

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 ARNAULT

Bad Business Effect Globalization Group Opposite Ourselves
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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Big Brand Capital Context Famous Investment Money Work
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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Creative Management Sides
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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Buying Numbers Population Potential
A good product can last forever.
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Forever Lasts Products
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 ARNAULT

Country Group Opposites People World
If you control your distribution, you control your image.
BERNARD ARNAULT

Business Control Distribution Reputation Yourself
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.
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Challenge Doubt Evolve Fast Generation Growth Next
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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Building Creative Engineering Jobs Success
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.
BERNARD ARNAULT

Business Construction Creativity Myself Passionate People Project Success Work
If you control your distribution, you control your image.
BERNARD ARNAULT

Control Distribution Image
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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Brand Expand Expensive Image Reputation Term World
From time to time, the Vienna Philharmonic could play without a conductor because they are so good.
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Conductor Country Good Play
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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Expansion Focus Luxury
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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France People Resident
Affordable luxury – these are two words that don’t go together.
BERNARD ARNAULT

Affordable Luxury Together Two
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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Construction Creativity Decision Modern Organization Ourselves Symbol Tower
Affordable luxury – these are two words that don’t go together.
BERNARD ARNAULT

Afford Luxury Togetherness Word
From time to time, the Vienna Philharmonic could play without a conductor because they are so good.
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Exceptional Play Time
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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Action Country Ideas Practice Thinking
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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Investment Made Pleased Regret Richer
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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Art Business Creative Design Enough Management Process Production Rational
In the luxury business, you have to build on heritage.
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Build Business Heritage Luxury
Luxury goods are the only area in which it is possible to make luxury margins.
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Goods Luxury Margin
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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Capital Detracting Investment Venture
I like that combination between creativity and the creative process and the organization needed to make a business like this successful worldwide.
BERNARD ARNAULT

Combination Creativity Myself Organization Process
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.
BERNARD ARNAULT

Country Creativity Group Organization

Affordable luxury – these are two words that don’t go together.

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Affordable luxury – these are two words that don’t go together.

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