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.

China is clearly going to be the number one economic power and it is already full of potential.. with lots of population and the buying power increasing by the day. .

I've always been pleased with the investments I've made with my friend Albert Frere and I regret not having followed him more, because I would have been a lot richer.

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

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.

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

I take time to get close to, and I don't immediately throw my arms round someone.

When something has to be done, do it! In France we are full of good ideas, but we rarely put them into practice.

If you control your distribution, you control your image.

A good product can last forever.

I like that combination between creativity and the creative process and the organization needed to make a business like this successful worldwide.

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

I meet the designers very often, we discuss the products, they show me their ideas, we discuss the ad campaigns and every new invention that we can find for the future.

If you deeply appreciate and love what creative people do and how they think, which is usually in unpredictable and irrational ways, then you can start to understand them. And finally, you can see inside their minds and DNA.

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

Working 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.