Bernard Arnault
Bernard Arnault
Bernard Jean Étienne Arnaultis a French business magnate, investor and art collector. He is the chairman and Chief Executive Officer of LVMH since 1989. In March 2015, Forbes estimated his wealth to be $37 billion, making him the 14th richest person in the world and the second richest in France...
NationalityFrench
ProfessionEntrepreneur
Date of Birth5 March 1949
CityRoubaix, France
CountryFrance
activity coming five luxury
In the coming five years, there'll be activity in the luxury world and we'll be there,
confirm growth objective point time
I can confirm our objective is for very significant growth this year. This is the first time that we have done this at this point in the year, which demonstrates our confidence.
base creation further powerful result
will result in the creation of a powerful base for further development in the sector.
capacity deliver fantastic good growing market
We are really very lucky to have so many fantastic brands. But to grow them we should not be too much in a hurry. They are growing fast, but they have to grow accordingly to the market and to the capacity we have to deliver good products.
business diminish greater rarer work
I would never diminish the quality of Hermes. Hermes can be an even rarer and greater quality business, if they ever wanted to work with us.
european growth hasty increases interest rates worries
What worries me ... (is) that they will penalize European growth through hasty increases in interest rates without any justification.
luxury heritage
In the luxury business, you have to build on heritage.
distribution ifs
If you control your distribution, you control your image.
forever lasts products
A good product can last forever.
opposites chinese france
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.
numbers buying population
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. .
business creativity successful
I like that combination between creativity and the creative process and the organization needed to make a business like this successful worldwide.
jobs engineering creative
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.
luxury goods margins
Luxury goods are the only area in which it is possible to make luxury margins.