Christian Dior's 1947 collection marked a groundbreaking shift in fashion, rejecting the austerity of the wartime period and embracing femininity, luxury, and creativity. By utilizing abundant fabrics and exaggerated silhouettes, Dior's collection defied the post-war fabric rationing, symbolizing a radical statement of embracing life and luxury. This demonstrated the crucial role of the designer's creativity in shaping the fashion industry, leading to the production of high-end goods with rare materials at premium prices.
We tell the full history of LVMH, and how Bernard Arnault turned a $15m investment in a bankrupt French textile company into the world’s largest individual fortune. It’s a story that’s equal parts Berkshire Hathaway, Steve Jobs and Barbarians at the Gate… and wholly under-appreciated for the genius business model innovations that enabled it. Whatever industry you operate or invest in, there’s so much to be learned from Bernard and LVMH’s complete reshaping of the luxury sector over the past three and a half decades. And oh yeah, it also involves Nazi spies, Italian family murders, Rupert Murdoch, Rihanna becoming a billionaire, Jay-Z’s champagne feuds and Beyoncé wearing a 128 carat diamond. Tune in! :)
Links:
Carve Outs:
Sponsors:
Statsig: https://bit.ly/acquiredstatsig24
Vanta: https://bit.ly/acquiredvanta
Crusoe: https://bit.ly/acquiredcrusoe