Could be good. Time will tell I guess. No word about what he will be doing but I doubt he will be working on handbags, watches or cognac.
There was a thread on pfm about B&W speakers becoming part of LVMH too….
(03-Sep-2015, 18:56)IanG-UK Wrote: [ -> ]LVMH has been a big investor in Devialet for quite a while.
Now they have hired this guy:
http://www.macrumors.com/2015/09/01/ex-a...gers-lvmh/
Picking up on Ian's reference to LVMH, the link below is for a 2012 article which predicts Devialet will produce a Euro1000 mini version D-Premier and bring "the same kind of innovation to loudspeakers." This article predates the 240/170/120 launch and not far off predicts the Phantom, albeit the Phantom actually arrived a year earlier than the "in four years" mentioned. It also references similarity in style between Devialet and Apple......
http://www.whiteboardmag.com/french-inte...-devialet/
Ian
i may be nitpicking but i understood that it was the chairman in a personal capacity that had invested in Devialet and not LVMH itself
of course i may be wrong
(04-Sep-2015, 05:32)colonel66 Wrote: [ -> ]Ian
i may be nitpicking but i understood that it was the chairman in a personal capacity that had invested in Devialet and not LVMH itself
of course i may be wrong
That is also what I understood but my guess is that there will be linkages as people look to exploit connections.
Guillaume
(04-Sep-2015, 05:32)colonel66 Wrote: [ -> ]Ian
i may be nitpicking but i understood that it was the chairman in a personal capacity that had invested in Devialet and not LVMH itself
of course i may be wrong
Apologies - you are right.
His Devialet investment of c.€20m/€40m probably amounts to loose change for him - lucky man
I believe that this about what he makes in a year on average...
Cheers,
Bernard
(04-Sep-2015, 11:21)bernardl Wrote: [ -> ]I believe that this about what he makes in a year on average...
Cheers,
Bernard
He makes a lot more than that. My brother in Holland has a house built across the canal from where his cruiser was being built. He showed a video of it. That boat costs millions per year just to run. By the way, he also owns the boat building company...
Hey I wonder how long before we see a Louis Vuitton bag for the Phantom?!
Guillaume