That's what's good about life - that you always learn.
I firmly believe that success lies in the combination of both talent and business savvy, and that the magic comes through partnership between both.
Its always important to invest in young talents and the talents of tomorrow.
You have to be very brave and very entrepreneurial - you have to dare to create your own brand.
Creativity is really at the center of what I do, it's a mix of creativity, innovation and savoir faire that creates magical products.
Technology gives big access, and you get more people who are interested in fashion. You can reach many more people now.
The worlds of art and fashion have always been very intertwined at Dior. Francois-Xavier Lalanne and his wife, Claude, for instance, did windows for Monsieur Dior. Dior himself was a gallerist before becoming the revolutionary fashion designer we all know.
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.
To make an idea become a reality is a process that fascinates me; otherwise it stays just an idea.
When you face a creative change at the house, you have to start a dialogue, and talk with the designer about how he envisions the brand to make sure that you're on the same page. It's the way the designers talk about the brand, and what they see, and their emotions, how they perceive the house.
If you know everything, it's the end, no?
I think it's interesting to speak when you have something to say.
When you're a young talent, and you want to launch your brand, you always have tons of questions: Where should I produce? Should I launch a second line? Should I do shoes, accessories? If you have someone who can coach you and give you advice and help you find the right supplier, it's a big help.
You have to prove your success in order to grow.
Competition, of course there's always competition, and I like competition.
I take care of my daughter, because my family is very important to me.
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.
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.
Im lucky that its about fashion and perfume and cosmetics. If my father had owned a tire company, I dont know what I would have done.
Although I feel very French, a part of my heart is in the States. When my brother and I arrived, we didnt really speak any English, and when we left, thats all we spoke when we played together. It was just a beautiful place to grow up.
In the States, entrepreneurs inspire a lot of people and are respected for creating jobs. That makes people dream and feel happy for their country.
It's important to celebrate the monogram. It's the DNA of Vuitton. I think - I hope - there is an interest in the philosophy and culture of the Vuitton name. It's quite coherent and intellectual, and the products are great. These are things you will want to pass on - things you treasure.
Today I find it's extremely hard to launch one's brand, and that's also why we are helping these young talents.
I have a passion for modern and contemporary art. I spend a lot of time in museums; I particularly like the Guggenheim, MoMA in New York or LACMA and the Getty Museum in Los Angeles, for example. I cannot wait for the Louis Vuitton Foundation to open.
I have a lot to learn from designers.
"You have to prove your success in order to grow."
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