LVMH

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Last quote about LVMH

Tannia Ospina
You think this would happen to Nike or Louis Vuitton. You wouldn't think it would happen to small businesses.feedback
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Apr 05 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, Andrea Gerst, Sabina Belli and Luca Solca. For instance, the most recent quote from Bernard Arnault is: “In our group, the start-up spirit is key for the success of management…Even in a large brand, we should keep the proprietary spirit of the founder.”.
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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.feedback

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.feedback

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.feedback

Jean-Claude Biver

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

Richard Griffiths

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

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.feedback

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.feedback

Nathalie Remy

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

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.feedback

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.feedback

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.feedback

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