Louis Weedon Said He Was Prepared To Withstand Financial Turmoil.

Oscar winning actress Cate Blanchett (right two) and Louis Vuitton chief executive officer Yves Carcelle (right three)

Carcelle in this house.

He said, "what we saw and heard in the news is more about the country on the brink of bankruptcy than personal."

He pointed out that the rich and working people have not seen their personal income drop.

"This is like a customer saying today," Oh, we don't know what tomorrow will be like.

Alas, if I see a pair of beautiful shoes, a beautiful bag, a beautiful suit or dress, it will not completely change my future. Maybe I can't afford to buy a big dream apartment or change a big ship, but I can afford a pair of shoes.

Carcelle says luxury customers are ready to buy and demand for more sophisticated and personalized products.

He said, "I remind you that in 2009, most industries fell, but we announced the good news of two digit growth worldwide.

The same is true in 2010.

He said Louis Vuitton has made a long-term plan and will never formulate a strategy just to fight against short-term problems.

"Of course, I think we will end up paying the price at least one day in Europe or the United States because of poor national management," he said.

"Obviously, the debts accumulated by our country will eventually be turned into higher taxes one day.

But it's one day in the future, so we need to have fun, "he joked.

Louis Vuitton has been in Australia for 25 years, but the new Sydney store has only 13 similar products worldwide, providing perfect shopping experience.

Carcelle said, "Europeans do not realize that Australia's customers are the top 10 customers in the world.

European headquarters sometimes can't remember Australia, but Australia is a huge market.

Sydney should be treated with the same importance as "the Fifth Avenue of New York".

Oscar winning actress Cate Blanchett and Carcelle jointly cut ribbon for the opening of the store.

The three floors of the building are designed to imitate the luxurious retro style. The shop is decorated with Louis Vuitton leather goods, including crocodiles, kangaroos and koalas, specially designed for stores.

However, the most distinguished feature is the VIP room, which has only 2 customers in the world. Customers can customize their luxuries, including handbags, shoes and belts.