on Wikipedia it also says that Pinault also offloaded his leading retail assets just to invest in Gucci. One hell of a gamble

@LogicallyAnswered

Жыл бұрын

No doubt haha

@RenegadeRanga

Жыл бұрын

Paid off.

if luxury is symbolic of anything, its definitely brutal backstabbing and image over morality... and look as good as possible while doing it.

@AmritenduRana31082000

Жыл бұрын

Morality is a socialal construct depends from place to place and history

@J.o.s.h.u.a.

Жыл бұрын

​@@AmritenduRana31082000 Why don't you go around killing random people, since it's just a social construct?

@PacmanBrunner

12 күн бұрын

AND HIP HOP DOING CRIMES WHILE WEARING GUCCI HEADBANDS. CRIME CRIME CRIME STEAL HIPPA DA HOOPY

What an amazing story and perfectly told!

@LogicallyAnswered

Жыл бұрын

Thank you Chris!

They managed to avoid a takeover by the largest luxury group… by joining the 2nd largest one (and also french). And in both groups, brands still have a lot of autonomy anyway. Makes you wonder what was the real reason why they didn’t want to go with Arnault (personal?).

@googleinc6033

Жыл бұрын

It's hard to understand if you're not French but some brands have different philosophy, like Hermes they are luxury brands but don't have the same mentality of LVMH of new money accessories. They think they have more noble strong brand and don't want to be a mass production lowering their quality for profits destroying their image in the process. Of course I know in some countries people don't see the difference between a brand like Hermes and Vuitton. Gucci kinda has been leaning LVMH mentality in the past decade. Another reason also is that if LVMH bought Gucci they would have most probably fired the current execs, and making their voting stake in the company less relevant, since the executives don't want that they will obviously fight for it, being part of the other smaller group is better for Gucci.

@willissudweeks1050

10 ай бұрын

That’s beyond obvious nobody is wondering lol

Bro I love this corporate content... hostile takeovers blocked? Chefs Kiss! Thank you and keep producing awesome content!

Proud to say I have not contributed a single dollar to that man's wealth 😀

@internet_userr

Жыл бұрын

Money circulates... If you buy food, then the employees at the shop will get paid with that money, and they may choose to buy Luis Vuitton, pumping up its stocks, boom - You contributed

@philoslother4602

Жыл бұрын

@@internet_userr what if..the employees there only make 150 dollars a month :D

@LogicallyAnswered

Жыл бұрын

😂

@Psychopatz

Жыл бұрын

@@internet_userr What a brutal answer lol

@bisty111

Жыл бұрын

Also if you have a girlfriend or wife and you or they shopped at Sephora, you contributed.

This honestly makes me respect Gucci a lot. If i were into designer clothes I would be buying Gucci, but I'm not so all I can say is, nice

@vijaysinghpatel3156

Жыл бұрын

Wait until you know the story behind the making of Gucci.

@aBsteezy

Жыл бұрын

@@vijaysinghpatel3156 true LV is angel compared to what gucci did over the years and in terms of quality and design gucci dont come even close to LV for the prices u pay

@marcocarlson1693

Жыл бұрын

I go with Gucci anyday! This guy Arnault seems to never have created Anything in relation to the fashion industry. Just simply buys companies for a large conglomerate. Prefer the family run companies.

@Orin9139

Жыл бұрын

@@marcocarlson1693 Gucci is owned by the Kering group, so it is the same (smaller) as LVMH group owned by Arnault. If you like family run businesses you have Hermes that still has the founding family in its shareholders, Cuccinelli (luxury cashmere) , Armani, Versace(almost), Prada ,Missoni, Ferragamo and Conreliani. For me the best option is to go to your local tailor / leather artisan and will probably get the same quality for a fair price but with proper customer care. Cheers from Italy

@GemTappX

Жыл бұрын

Gucci is for rich people.

gives "gucci gang" a whole new meaning

@youngandrestlessjean3634

6 ай бұрын

I can hear it now haha

I bet he’s still not over it

@LogicallyAnswered

Жыл бұрын

Hahaha

@jonnyfendi2003

Жыл бұрын

Nope he wants Hermes…badly too!

This was an incredible story. Thanks for telling it so well

I’m loving this direction of your channel. PLEASE keep up this great content!

This sounds like a typical corporate TV show arc line. And it's astonishing how entertaining it is.

The editing of this one is kinda weird. It's really "Jake Tran-esque" idk it just seems like every channel like this starts off having a unique style and then they all eventually converge into the same style of constant cuts and swipes with never ending intense music

@spinosaurus27gaming34

Жыл бұрын

second this

@simonk.2969

Жыл бұрын

It's turning into some generic shit...

@rileymiller7786

Жыл бұрын

Yeah I agree the music in particular feels really out of place

@kevinspacey9961

Жыл бұрын

Trueeee

@LogicallyAnswered

Жыл бұрын

Hmm ok, really appreciate the feedback Afraaz

Would love more of these corporate related videos

Fascinating - the case, and the moves in hostile take over offense and defence.

Another great video. Thanks brother!!

@LogicallyAnswered

Жыл бұрын

Thank you as always Daniel!

I've been subscribed for 2 years now. This is by far my favorite video from this channel

Great content, i have just discovered this channel last week and I´m only amazed with its quality. Keep doing this way

@LogicallyAnswered

Жыл бұрын

Thanks bro!

Awesome video! The storytelling is really superb! Take a bow, that is a job really well done.

@LogicallyAnswered

Жыл бұрын

Thank you Lloyd!

New to your channel, love your content and work.

@LogicallyAnswered

Жыл бұрын

Thank you so much Ram!

@RamSharma-90_64

Жыл бұрын

@@LogicallyAnswered you might not believe it, but I personally rank you amongst the absolutely very very top tier creators on KZread.

This was such a ride, i could feel how De Sole felt in the tense and hard moments, and could feel the relief after the Pinault deal

Man I love this channel. This made my day and left me with a smile.

@LogicallyAnswered

Жыл бұрын

Really glad to hear that man!

This was super cool. Probably my favourite of your videos so far. It's like the show Billions but in real life

My aunt works at LV bag factory here in the Philippines and guess what? We all have LVs bags, pouch and anything "bag like". The secret is if an item has a "defect" upon inspection, it will be thrown into a "recycling bin" or in the bin where they burn it. But these recycling bins are managed by co-workers and they've managed to be united on how, when and where to take things without the fear of being notice.... Anyone wants a bag or pouch or anything? I can send it to you.

@xo_3

Жыл бұрын

I'ma need me a pair🌚

@darreldennis7115

Жыл бұрын

I want one too

@zzzzzzzzzz9370

Жыл бұрын

Nice try. Trying to scam people.

This channel is a gem

Great video! I’m happy more & more are learning of designer & especially Bernard, he’s the definition of monopoly man

When I heard arnault i thought it was the car. Turns out it was Renault.

your new editing style is amazing, keep it up!

Love this! It was like watching/listening to an action packed movie for 16 minutes!

This is one of my new favorite videos of yours. Great storytelling!

@LogicallyAnswered

Жыл бұрын

Thank you so much man!

And this is why I love this channel.

Please make more corporate take over videos! I really enjoyed this one

This story was fascinating and thrilling!

Always great when Logically Answered uploads content.

Love the new editing, makes it harder to drift off while watching and keeps me focused!

@LogicallyAnswered

Жыл бұрын

Really appreciate the positive feedback bro!

These videos keep getting better

@LogicallyAnswered

Жыл бұрын

Thank you Avi!

Awesome Story!

Was really cool and interesting story telling

@LogicallyAnswered

Жыл бұрын

Thanks Aang!

Hey man, sick video production.

@LogicallyAnswered

Жыл бұрын

Thank you Dhruvil!

Good story!👍

This video was good never backtracked it kept on getting more and more interesting

man those are some sick transitions, keep it up

@LogicallyAnswered

Жыл бұрын

Thank you Ambareesh!

Great video. Absolutely mind blowing. Bernard Arnault is a Silent Titan.

@Fatherlake

Жыл бұрын

nah, he's just a greedy monopolist.

@macksphoenix1179

Жыл бұрын

@@Fatherlake I’m on team greedy.

Always enjoy your videos. Unbias and factual. That's what media should be. And you also sum it up nicely

Damn you answer everyone that rlly cool

Good one

this was great

It's amazing how many brands he owns and I use none of them...must be my bank account's fault!

I worked for two houses of LVMH and they were the absolute best company I’ve ever worked for. During the pandemic, full salaries were paid, extra money if we needed it. It’s also a very glamorous company as everyone is part of one thing that’s greatness and parties, free Louis and YsL, staff are able to stay at their wineries across the world. They’re pretty amazing.

@zacharyhenderson2902

Жыл бұрын

So what? My full salary was paid at Walmart during the pandemic too

@nothomelessonyoutube

Жыл бұрын

​@@zacharyhenderson2902 what job did you work at walmart?

@zacharyhenderson2902

Жыл бұрын

@@nothomelessonyoutube at the beginning of the pandemic I was a store level Academy Trainer, and at the end of it I was an hourly Assistant Manager

Does knowing these brands are all owned by the same person(Bernard), make someone not want to buy these luxury products?

@LogicallyAnswered

Жыл бұрын

Hahaha

@remmymartinnn7092

Жыл бұрын

At least he doesn’t own the big players in the Swiss watch industry. Rolex or pateks of this world. Ill never buy designer clothes owned by lvmh but a Luxury watch that’s not hublot or lvmh owned for sure.

This is a good one

Good video but unwatchable on my phone because your background music is too loud. I had to shut it off a few minutes into it. Might be just my phone but I'm pretty sure it's on other phones also.

Long time sub here, really love the content and excellent video. But please don't go too deep into this kind of fast pace content. I think your channel has already a unique style. Just my 2 cents. But I believe you will make the best decision to grow. Keep up the good work.

@LogicallyAnswered

Жыл бұрын

Really appreciate the feedback Kevin!

The French government did not allow the sale of Hermes to LVMH….Hermes is still independent

I'm not surprised Gucci did this. There is french fashion and then there is italian fashion. Italians don't want to be under french control.

I stopped watching when he said that LVMH owns Hermès. LVMH owns a percentage but Hermès is still controlled by the family.

@panama-canada

28 күн бұрын

You should brush up on the term “ownership”.

Loved it

I never knew this but it made me smile

Ya know... It's amazing how all these stories and big power players of the world are not well known to the public. This is the sort of stuff that shapes the world in which we live and most of the public is unaware of the games being played behind the scenes.

It would have been a supertrust with nearly only one company on the market so not sure it would even have been allowed.

I hate gucci as a brand, but i now love it as a company

I would like more stories like this please

@LogicallyAnswered

Жыл бұрын

Thank you for the positive feedback bro!

@tbraghavendran

Жыл бұрын

​@@LogicallyAnswered how do you make use of logic?

I feel like there should be a movie for this

Makes me respect Gucci a bit more

@tbraghavendran

Жыл бұрын

Why ?

Frankly, I rather be invested in this kind of war than the other one

Ah! Tom Ford🔥

Not a fan of fashion brands, but I respect the power moves.

Bro, bernard is the coolest guy. Arnault gang pull up 🙌🫴🤛skkrrrt

@antlerman7644

Жыл бұрын

Do people actually talk like this? Fucking cringe.

Doesn't it suck that we live in a world where the richest man in the world is tied to fucking fashion..... So wonderful how we value things in this world. God, we humans are truly brilliant.

@BrianKabonyo

Жыл бұрын

😂

@jhaialx2399

Жыл бұрын

Not just fashion but luxury in itself

Man that would be a tale a would tell my sons, it is so god dam dramatic I love it

12:06 Wouldn't other shareholders also be pissed if you dilute ~30% of their shares, and not just Bernard's, by giving it to the employees? Like there must be something that legally stopping any company's board to just create new shares and give all of them to the CEO and his cronies at the expense of the other shareholders no?

What was this what the Gucci movie was about? I haven’t seen it

Fact check: Hermès isn’t owned by LVMH, it’s one of the few brands that is fighting absorption in the empire. There’s been long lasting feud between the two companies. However LVMH does own a minority stake in Hermes.

Heard Gucchi name in a rap song never knew it's the name of a 🛍️ company 😅😅

I didn't knew these fashion brands also have bloodbath behind the scenes

lvmh dont own Hermes, They were issued a warning regarding a hostle take over.... Hermes stated that they would rather burn to the ground than allow LVMH take ownership

Europe is crazy when it comes to fashion companys

Its Like Watching KDRAMA I love it so much........ I wish they could make 16 episodes Drama... Fantastic... Isn't Del sol convinced the last Family Owner of Gucci to sell only 6 months later,the company bounced back but the Family could no longer be the owners?

Keep your hands off my gucci

@kingoppsanti5830

Жыл бұрын

Facts!😊

Most the brands are not what they use to be. LV not made as well same with Gucci, some items might be but most are not. Now one brand did keep the products well made more less they did't change quality wise is Hermès. Now I hope LVMH doest mess up Hermès. But back to LV to point out what items I found over the years have quality issues, wallets belts shoes sunglasses just name a few. Now the nike LV shoe collaboration the quality is there big time, so I question why not have that level on all the products like they use to long time ago and not just on limited products. And if ones to make limited products colors or styles like example evidence sunglasses and they keep braking with no way to fix with parts they should have.

This story feels like Bollywood tantrum ,whatever it is but such a twists.❤❤

Not just Gucci. They tried acquiring Hermes too, but that is less dramatic.

@jonnyfendi2003

Жыл бұрын

Yes but hes still trying to acquire Hermes. It’s considered the pinnacle of luxury goods.

06:22 isn't that the Duchess of Sussex?

hermès is not owned by Lvmh

Domenico De Sole is Italian so Sole is surely pronounced as two syllables and not as the bottom of a foot. Pinault too. It ought to sound more like pee-know.

this new animations is way better

@LogicallyAnswered

Жыл бұрын

Really appreciate the feedback Jovan!

Music too loud?

But Hermes is not under LVMH

Hey dope video .. good job my gf loved it 2

Good content. Narrated fabulously. But just too much editing and stock footage making it tasteless at points. e.g. from 5:25 to 5:40, the stock videos have been used to link the narration's every single phrase, which just makes it tasteless and distracting. please don't lose your touch, Logically team.

Best thing to happen if build own business first hired anti takeover specialist 😊

Top. Notch.

This should be made into a movie with more deama

Music is too loud makes it hard to concentrate on the story

Lack of clarity and loud music is all such a nuisance in listening the content. Kindly consider to redoing it in a meaningful way. Thanks

Video quality is clearly increasing, keep it up.

@LogicallyAnswered

Жыл бұрын

Thank you Tibo!

You should reduce the background music it's so annoying and sometimes it is hard to connect to the story

Louis Vuitton is known for not paying their employees well

Hermes isn’t owned by LVMH.

Very high journalistic quality in terms of research but very poor sound mixing. Sound effect too loud and your English ist a little bit difficult to understand for English as a 2nd language speakers. Just a honest feedback :)