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.
Bernard ArnaultWorking 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.
Bernard ArnaultI am and will remain a tax resident in France and in this regard I will, like all French people, fulfill my fiscal obligations.
Bernard Arnault