Aside from the United States, there have been two richest men in the world in the fashion field, namely bernard arnault, the helm of LVMH Group, and amancio ortega, the founder of Inditex Clothing Retail Group. Both of them are worthy of being "legendary kings" in the fashion world, and have developed their own enterprises into world giants in decades of development. Today, I will introduce you to two fashion kings who used to be the richest people in the world.
Probably only mentioned the names of two world fashion kings and their enterprises. Many people don't know much about them, but when it comes to some world fashion brands they have created, everyone will be awed and enlightened. Next, let's talk about Bernard Arnault and Armancio Ortega and their respective fashion kingdoms.
When it comes to brands such as Louis Vuitton, Givenchy, Dior, Fendi, TAG Heuer and Moet Champagne, everyone is familiar with them. These luxury brands belong to Arnot LVMH Group. Arnot is not only good at exploring the charm value of these brands, but also good at expanding his territory in business mergers and acquisitions. In the decades of acquisition wars, LVMH has made its own luxury brands reach more than 50, making it the largest luxury group in the world, and transferring rich profits from the rich all over the world every year.
It can be said that LVMH Group, under the leadership of bernard arnault, takes the lead in the global luxury goods field, and Bernard Arnault can really be called "the godfather of global luxury goods". Finally, in June 2020, it surpassed Jeff Bezos, the richest man in the world for the first time, and became the second richest man in the world after amancio ortega, the richest man in the fashion field, with assets exceeding $ 1000 billion.
Amancio Ortega's Inditex clothing retail group is the largest clothing retail group in the world. We don't know much about the name of the protagonist and his company. But when it comes to the brand Zara, everyone will know something about it from the consciousness. Yes, Zara is one of the brands owned by Inditex, the world retail clothing brand giant, and amancio ortega is the founder of Inditex. Although amancio ortega's fashion is not as influential and expensive as bernard arnault's luxury goods, his clothing brand quickly occupied the international market because of his business strategy.
His strategy is to "understand and copy the latest trends in the world fashion field as quickly as possible, and follow this trend to design unique brand elements, quickly launch the market, occupy the market, open a large number of stores in a short time, absorb young people's understanding and demand for fashion, and constantly introduce new clothes with high cost performance, which is called fast fashion". This strategy has been tried and tested, and they can quickly open thousands of brand stores around the world.
Amancio Ortega is not only the king of fashion but also the king of management. With his efforts, Ortega successfully surpassed Bill Gates, the richest man in the world at that time, and became the first richest man in the world fashion field on 20 15123 October.