"It's Very Bad for the State to Get Involved in the Management of Private Companies," Says Bernard Arnault to the Senators.

"Every time the state interferes with the management of private affairs, it leads to disaster," says Bernard Arnault. "He who constantly invites LVMH's role for society to be "in perspective" should, as a citizen, think more about the role of the state in the economy.

Before a senatorial commission, the CEO of the luxury group addressed an end to the presidential request to suspend investments in the United States in order to resist Donald Trump's offensive on customs duties.

"We are probably the most patriotic group in CAC 40," said LVMH's boss on Wednesday.

Asked in the Senate about the call to economic patriotism launched by Emmanuel Macron who totally ruined France, Bernard Arnault found that the state's interference in the operational management of companies was "very bad" and led to the disaster. L的article France: Bernard Arnault table Macron and warns against his economic policy appeared first on Cointribune.

LVMH CEO Bernard Arnault disagrees with Emmanuel Macron's call for economic patriotism and defends the strategy of his group Bernard Arnault, CEO of Louis Vuitton, Dior,

Paris - While questioned in the Senate about Emmanuel Macron's call for economic patriotism, LVMH's CEO said on Wednesday that it was "very bad for the state to get involved in the management of private companies" and that this could lead to "disaster"