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Luca's Letter

Kering Results Signal a Bright Year Ahead

As Gucci finally begins to recover, Saint Laurent shines and Puma gains momentum, Kering’s latest results signal good prospects for the year ahead.

Kering Results Signal a Bright Year Ahead

As Gucci finally begins to recover, Saint Laurent shines and Puma gains momentum, Kering’s latest results signal good prospects for the year ahead.


The Rich Don't Drive the Luxury Sector

Despite popular belief, demand for personal luxury goods is driven primarily by upwardly mobile 'new money' — not by the 'old money' rich, argues Luca Solca.

The Rich Don't Drive the Luxury Sector

Despite popular belief, demand for personal luxury goods is driven primarily by upwardly mobile 'new money' — not by the 'old money' rich, argues Luca Solca.


Do ‘Digital Flagships’ Deliver?

Fashion brands must deliver an online shopping experience as luxurious as their physical flagships. Who's hitting the mark?

Do ‘Digital Flagships’ Deliver?

Fashion brands must deliver an online shopping experience as luxurious as their physical flagships. Who's hitting the mark?


Luxury Exposed to Paris-Like Attacks

Dependent on purchases by travellers in a limited number of global cities, luxury goods companies are susceptible to the impact of terror attacks.

Luxury Exposed to Paris-Like Attacks

Dependent on purchases by travellers in a limited number of global cities, luxury goods companies are susceptible to the impact of terror attacks.


Can Burberry and Prada Face Their Problems?

Shares in Prada and Burberry have lost significant value in the past few months. Both brands need to face up to their problems, says Luca Solca.

Can Burberry and Prada Face Their Problems?

Shares in Prada and Burberry have lost significant value in the past few months. Both brands need to face up to their problems, says Luca Solca.


How to Fix the House of Gucci

While Gucci’s third quarter results may be nothing to write home about, improved financial performance should herald Gucci’s return as early as spring, as the ‘Michele cure’ starts to take effect.

How to Fix the House of Gucci

While Gucci’s third quarter results may be nothing to write home about, improved financial performance should herald Gucci’s return as early as spring, as the ‘Michele cure’ starts to take effect.


Prada Should Be Prada

Prada is one of the best known and most loved fashion brands in the world. But its sales, profitability and share price have all taken a dive. Luca Solca asks, what can be done?

Prada Should Be Prada

Prada is one of the best known and most loved fashion brands in the world. But its sales, profitability and share price have all taken a dive. Luca Solca asks, what can be done?


The Secret to Hermès’ Success

For two decades, Hermès has managed to make its luxury goods both impossibly exclusive and widely available, driving strong profits and growth.

The Secret to Hermès’ Success

For two decades, Hermès has managed to make its luxury goods both impossibly exclusive and widely available, driving strong profits and growth.


Which Fashion Houses Have the Hottest 'Brand Temperature'?

Louis Vuitton, Fendi, Gucci, Bottega Veneta and Valentino are amongst the "hottest" brands, earning editorial coverage that matches or exceeds their print advertising spend, says Luca Solca.

Which Fashion Houses Have the Hottest 'Brand Temperature'?

Louis Vuitton, Fendi, Gucci, Bottega Veneta and Valentino are amongst the "hottest" brands, earning editorial coverage that matches or exceeds their print advertising spend, says Luca Solca.


The Anatomy of Travel Retail

Travellers account for 40 percent of global spending on personal luxury goods, with 12 to 13 percent captured through dedicated travel retail channels. Who is best positioned to capitalise?

The Anatomy of Travel Retail

Travellers account for 40 percent of global spending on personal luxury goods, with 12 to 13 percent captured through dedicated travel retail channels. Who is best positioned to capitalise?


The ‘Made In’ Dilemma: To Label, or Not to Label

Consumers care about the origin of their products, but luxury brands are all over the place when it comes to 'Made in' disclosures, says Luca Solca of Exane BNP Paribas.

The ‘Made In’ Dilemma: To Label, or Not to Label

Consumers care about the origin of their products, but luxury brands are all over the place when it comes to 'Made in' disclosures, says Luca Solca of Exane BNP Paribas.


The Great Mall of China

With two-thirds of Chinese luxury purchases now made outside mainland China, the whole world has become a Chinese luxury shopping mall. Who is benefitting most?

The Great Mall of China

With two-thirds of Chinese luxury purchases now made outside mainland China, the whole world has become a Chinese luxury shopping mall. Who is benefitting most?