Last quote about LVMH

I want to advise the young generation that you cannot multiply the hours that are given to you, and you'll have to sacrifice some of your freedom, your independence and your space for introspection.
Mar 24 2017
LVMH has been commented on by 17 key people in the news. You can find all of them on this page with their statements. People who have been most quoted about LVMH are: Bernard Arnault, Sabina Belli, Andrea Gerst and Jean-Claude Biver. For instance, the most recent quote from Bernard Arnault is: “I am very happy to have Clare Waight Keller join the LVMH group.”.
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Bernard Arnault - LVMH

Over a 10-year period, normally, there are eight good years and two not so good years or even a very bad year. Now, we're coming to the end of the 10-year period. Most important is to see what's going to be the global impact of changes underway.

Karl Lagerfeld - Chanel

After that it was a little different because the world of fashion changed so much, that in the end it became a LVMH business which is very good, because (that's) when (CEO) Bernard Arnault really invested in it, and look what Fendi is now.

Jean-Claude Biver

If it is true that Apple has sold around 20 million Apple Watches and has a market share of around 50 percent, then the potential is enormous. A luxury market arises as soon as people want to differentiate themselves from the masses. That is the case here as well. With our know-how, Swiss quality and prestige we have the best preconditions to master this segment too.

Hana Ben-Shabat

These numbers are very consistent with what we're hearing from the companies that attract these types of consumers. What you see is the department stores, like Nieman Marcus, Nordstrom, Saks, all struggling, and the same goes for the big luxury brands, like Burberry and LVMH.

Jean-Claude Biver

The year 2017 will be better, for the world and for our industry.

Richard Griffiths

I'm not an enthusiastic buyer of the markets here. I see more downside than upside.

Luca Solca - Exane BNP Paribas

We think this will be an important trigger for the LVMH share price ... as LVMH was trailing the sector and investors were staying out of it as a proxy for the sector itself.

Chris Morton - Lyst

A luxury brand that avoids the internet is effectively refusing to engage with its customers where they are increasingly spending time and money. It is not listening to what its customers want, which is dangerous in any consumer-facing industry.

Nathalie Remy

The question is no longer whether luxury brands should enter the digital world, but how.

Laurent Potdevin

I think digital really augments what we can do in the mall. Think about the brands that drive traffic in the mall. I mean you've got Louis Vuitton, Lululemon and the Tesla of this world and we are driving traffic. We've got very successful stores in the malls.

Andrea Gerst - GAM

It has an impact, especially in Europe. If the market is down, we expect maybe 1 to 2 percent organic growth hit for the full year. It is an impact, but it is manageable.

Andrea Gerst - GAM

We really like the company, it's very well managed in our view. It's much more defensive than people think: One third of the EBIT (earnings before interest and tax) is coming from spirits and from cosmetics and also their watch business is outperforming the industry.

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Quotes about LVMH

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