Delphine Arnault quotes:

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.

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.

Louis Vuitton has a long history with collaborations.

I firmly believe that success lies in the combination of both talent and business savvy, and that the magic comes through partnership between both.

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.

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.

The Americans are very effective and action-driven.

I think an art collection is a lot like a diary. Your taste evolves with time. I try to never sell anything, because it's part of my journey.

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.

New talents are the future.

Although I feel very French, a part of my heart is in the States. When my brother and I arrived, we didn't really speak any English, and when we left, that's all we spoke when we played together. It was just a beautiful place to grow up.

I think it's interesting to speak when you have something to say.

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.

I'm lucky that it's about fashion and perfume and cosmetics. If my father had owned a tire company, I don't know what I would have done.

You have to prove your success in order to grow.

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.

I have a lot to learn from designers.

Competition, of course there's always competition, and I like competition.

You have to be very brave and very entrepreneurial - you have to dare to create your own brand.

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.

I'm quite discreet. I think I'd rather focus on my work. So, I only speak when I have something to say. 'Live hidden, and live happy.' Is that the same in English as it is in French?

That's what's good about life - that you always learn.

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.

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.

Its always important to invest in young talents and the talents of tomorrow.

If you know everything, it's the end, no?

I firmly believe that success lies in the combination of both talent and business savvy, and that the magic comes through partnership between both,

I think it's interesting to speak when you have something to say,

Technology gives big access, and you get more people who are interested in fashion. You can reach many more people now.

To make an idea become a reality is a process that fascinates me; otherwise it stays just an idea.

It's important to feel what the customer is feeling when he enters the shop.

I try to visit stores because it's important to meet the teams and to hear the comments of the salespeople.

Clients are becoming more and more savvy. They know what's happening in the brands; they know the new products that are coming out.

I think you need to know your clients.

When I need to relax, I love to go to the movies or watch a good TV series. I also practice a lot of sport, mostly tennis and swimming.

I have a passion for modern and contemporary art.

I take care of my daughter, because my family is very important to me.

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.

Today I find it's extremely hard to launch one's brand, and that's also why we are helping these young talents.

Creativity is really at the center of what I do, it's a mix of creativity, innovation and savoir faire that creates magical products.