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 ARNAULTI think in business, you have to learn to be patient. Maybe I’m not very patient myself. But I think that I’ve learned the most is be able to wait for something and get it when it’s the right time.
More Bernard Arnault Quotes
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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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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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Oh, I was brought up in the north of France, and I had a very enjoyable childhood with my family working as entrepreneur.
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I think in business, you have to learn to be patient. Maybe I’m not very patient myself. But I think that I’ve learned the most is be able to wait for something and get it when it’s the right time.
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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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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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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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If you control your distribution, you control your image.
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Affordable luxury – these are two words that don’t go together.
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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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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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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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When something has to be done, do it! In France we are full of good ideas, but we rarely put them into practice.
BERNARD ARNAULT