That's what's good about life - that you always learn.

All the shows are immediately on the Internet, on Instagram, on Twitter, it's huge. Everything is live now, and for fashion, it's very important. It's not that it's good or bad, it's just like that and it's not going to change so we have to adapt to it.

At LVMH, we have amazing heritage brands, and we put interesting talents in those brands, sometimes very young, like we did at Givenchy with Riccardo Tisci at the time, or like we just did with J.W. Anderson at Loewe, but also talents that are already further along in their careers, like Raf Simons at Christian Dior or Nicolas at Vuitton.

Clients are becoming more and more savvy. They know what's happening in the brands; they know the new products that are coming out.

I think it's interesting to speak when you have something to say.

I think you need to know your clients.

I think an art collection is a lot like a diary. Your taste evolves with time. I try to never sell anything, because its part of my journey.