20 Quotes by Bernard Arnault
Bernard Arnault, a French businessman and art collector, is widely recognized as one of the most influential figures in the luxury goods industry. As the Chairman and CEO of LVMH Moët Hennessy Louis Vuitton, Arnault oversees a vast portfolio of prestigious brands, including Louis Vuitton, Dior, Fendi, and Givenchy, among others. Under his leadership, LVMH has become a global powerhouse, setting trends and shaping the luxury fashion and lifestyle market.
Arnault's keen business acumen, strategic vision, and commitment to craftsmanship and innovation have propelled the success of LVMH and solidified its position as a leader in the industry. Beyond his business endeavors, Arnault is known for his patronage of the arts, as he has assembled an extensive collection and supported cultural initiatives. His influence in the worlds of business and art has earned him admiration and recognition, with Forbes consistently listing him among the wealthiest individuals in the world. Bernard Arnault's entrepreneurial spirit, ability to combine business acumen with a passion for creativity, and his significant contributions to the luxury industry have made him a prominent and influential figure in the global business landscape.
Bernard Arnault Quotes
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.
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.
Luxury goods are the only area in which it is possible to make luxury margins.
A good product can last forever. (Meaning)
I like that combination between creativity and the creative process and the organization needed to make a business like this successful worldwide.
If you control your distribution, you control your image.
When something has to be done, do it! In France we are full of good ideas, but we rarely put them into practice.
In the luxury business, you have to build on heritage.
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.
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.
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.
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.
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. .
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.
Affordable luxury - these are two words that don't go together.
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.
From time to time, the Vienna Philharmonic could play without a conductor because they are so good.
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.
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.
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.
― Bernard Arnault Quotes
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Tal Gur is an author, founder, and impact-driven entrepreneur at heart. After trading his daily grind for a life of his own daring design, he spent a decade pursuing 100 major life goals around the globe. His journey and most recent book, The Art of Fully Living, has led him to found Elevate Society.
