The genius of Arnault's process is that, although the "front end of a star brand—the innovation…the creative process, the advertising—is very, very expensive," the "back end of the process in the atelier (the factory)" is a place of "amazing discipline and rigor" that drives "high ...
This is why boredom can feel so surprisingly, aggressively unpleasant: we tend to think of it nearly as a matter of not being particularly interested in whatever it is we’re doing, but in fact, it’s an intense reaction to the deeply uncomfortable experience of confronting your limited contr...
While Bertelli’s reasoning might have been driven also by the fear of Gucci entering into agreements with some of Prada’s artisans in the Scandicci region in Italy, Bertelli backed down when Bernard Arnault came in. As we saw, the paradox is that at the time, Prada was smaller than ...
In Photos: Bernard Arnault tops Forbes list, Mukesh Ambani only Asian in top 10 When Elon Musk took over Twitter (now X), he laid off about 6,000 people. That's after he playfully brought a sink into the Twitter headquarters, to let his $44-b...
And as luxury firms expand in Asia and the Americas, they will continue to suffer currency woes. Most of the industry’s production is in the euro-zone, mainly in France and Italy. Even the optimistic Mr. Arnault complained at his firm’s recent annual meeting that the euro had reached ...
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