Arnault “more concerned” about Marc Jacobs than Trump

Published: 30-Jan-2017

Bernard Arnault, Chairman and CEO of LVMH, believes Trump’s policies are in the company’s favour

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LVMH’s Chairman and CEO Bernard Arnault said, with a smile, that he is “more concerned” about the Marc Jacobs brand than President Trump.

The business chief made comments about the new US leader in a press conference Q&A regarding the company’s 2016 annual results.

Arnault was asked for his thoughts about Marc Jacobs, which is currently in the red along with the LVMH selective retail channel DFS.

I think as things stand now, the [American] policies are in our favour.

He said: “We will pull through I’m sure but you know, in the fashion industry, you have to be cautious – things are volatile and

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