Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
21 Feb 2023 Acquired LVMH
“To your observation earlier that Bernard realized that luxury groups could be much better businesses than luxury brands, and have completely different methods of profitability and sustainability, I think that was super astute.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 21 Feb 2023
- Publisher
- Acquired
- Episode
- LVMH
Transcript context
…I think these are going to be really different for the holding company level versus the bread. It's super different. To your observation earlier that Bernard realized that luxury groups could be much better businesses than luxury brands, and have completely different methods of profitability and sustainability, I think that was super astute. I think this is where we'll tease it apart. Yup, totally. I think that as we talked about a lot earlier in the episode at the holding company level, there is now no doubt in my mind that LVMH has extreme scale economy power.…
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