Affordable luxury - these are two words that don't go together.

From time to time, the Vienna Philharmonic could play without a conductor because they are so good.

Luxury goods are the only area in which it is possible to make luxury margins.

Affordable luxury - these are two words that don't go together.

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.

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.