The billionaire Bernard Arnault is the CEO and chairman of LVMH, the world’s largest luxury goods company. He is considered the world’s richest man.
These are incredible words of wisdom from Bernard Arnault that every entrepreneur should hear. You should share these with your followers and friends.
26 Bernard Arnault Quotes
I think that a creative person’s brain looks like any other brain in that there are some common principles of thought processes, but there are also some peculiarities. If we take into account the fact that creative people can be unpredictable, then they are unpredictable in their own way.
The combination between creative and creative management that makes a business successful, and the work organization that is needed to make an international business like this possible.
So in other words, if your customers are unhappy they can go to other channels where they can purchase products.
The design is the most important part of the business, but the production is equally important. It is important to have talented designers if they are going to manage the production. The creative process is very disorganized, and the production process has to be very organized.
Bernard Arnault says that in business, you have to learn to be patient, maybe I’m not very patient myself. But I think I’ve learned the most is to be able to wait for something and get it when it’s the right time.
Arnault feels that he can build a luxury brand based on family and heritage.
Bernard Arnault said that luxury goods are the only area in which it is possible to make luxury margins.
I can’t think of anything bad to say about the Arnault family or their companies. At least they have great products.
9. Affordability and luxury are two words that do not go together.
10th of 26 Bernard Arnault Quotes
10. “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.” – Bernard Arnault
There are plenty of reasons for a CEO to keep a distance from subordinates, but I find something a bit strange that Arnault is willing to share, knowing that it will put him in an even more difficult position to fire a certain executive.
When something has to be done, do it!
In France, we are full of good ideas, but we rarely put them into practice.
Selling luxurious goods is hard. In the early 20th century, Louis Vuitton was an upscale luggage company, not a leather bag company. It was a brand that required a certain level of brand awareness, and it had to stand out from other luggage companies and be different.
The billionaire French businessman’s vision is that consumers around the world should buy luxury goods from the makers in France, Italy and elsewhere.
Arnault is the chairman of the LVMH luxury goods conglomerate and it has its principal manufacturing facilities in France. His fortune estimated to be $24.3 billion.
The CEO of LVMH, Bernard Arnault, talked about the fact that the “southern” style is not natural. And thus if you are not a southern person, you should not be happy.
I have been a tax resident of France for several years and I will continue to be one. Like all French people, I will also fulfill my tax obligations.
Bernard Arnault has been trying to show that luxury brands are more than just a luxury. They are creative and innovative. One of his first statements towards luxury fashion was his quote on architecture and the creative part of the business. His love for architecture and design has shown through his many high profile projects.
It was a big idea for a small house builder to go into Manhattan, but Bernard Arnault and his partner François Pinault saw an opportunity to create a design that would appeal to the city’s loft-dwellers and young professionals. The final design includes a distinctive triangular shape that, when viewed from above, resembles a pyramid.
20th of 26 Bernard Arnault Quotes
20. “Oh, I was brought up in the north of France, and I had a very enjoyable childhood with my family working as an entrepreneur.” – Bernard Arnault
I am really fascinated by the stability of China. I think that there are many other countries, especially in the developing world, that could really learn a thing or two about government stability from the experience of the last 30 years in China.
A French businessman Bernard Arnault thinks that there is a huge challenge ahead of us and we have to adapt to it. It is really tough, things are changing really fast in the world now.
Bernard Arnault is a world-famous billionaire. He is the founder and chief executive officer of luxury group LVMH which includes Louis Vuitton, Moet & Chandon, Cointreau and Sephora.
A rich person who is a good friend of the CEO and president of PPR, a famous French retailer. He seems to be a good guy and he is very rich…
He thinks that the Middle East, and especially the Arab world, will dominate the world economy in the decades to come.
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