Mr. Arnault
Strategic Concepts & Mechanics
Primary Evidence
"Pascal Galinier's sharp and accurate comment in the same issue of Le Monde reads: "Under different circumstances, Mr. Arnault might have appreciated the beauty of the arrangement [...] [but he] is once again forced to show his worst side, that of a procedural raider, even though he wishes above all to prove that he has become an authentic luxury industrialist.""
"In the New York Times, Robert Duffy, CEO of Marc Jacobs, states: "My wish is for LVMH to invest the money in us and develop our brand." Christian Lacroix adds: "Mr. Arnault is great, but he far prefers going to battle than promoting a brand he has already conquered.""
""For the unions, the role of the 'providential' textile operator, Julien Charlier, remains unclear. How will relations with DMC, the competing group he leads, be organized? A joint statement was published on December 18 by Mr. Arnault and Mr. Mayer, to announce and comment on the event: "...The intention expressed from the beginning by the public authorities was to create favorable conditions for the reintegration of industrial activities within a group destined to develop within the private sector framework. The interest shown by several industrial and financial groups in the takeover demonstrated that this objective had been achieved thanks to the action led over the past three years by CBSF, with the support of the public authorities."