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.
BERNARD ARNAULTI’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.
More Bernard Arnault Quotes
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In the luxury business, you have to build on heritage.
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Luxury goods are the only area in which it is possible to make luxury margins.
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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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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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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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Affordable luxury – these are two words that don’t go together.
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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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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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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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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 take time to get close to, and I don’t immediately throw my arms round someone.
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Affordable luxury – these are two words that don’t go together.
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A good product can last forever.
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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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If you control your distribution, you control your image.
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