Luca Solca - Profile and Journalist Details
Find journalists that align with your industry, location and vision. Unlock Luca Solca's full journalist profile, including location, coverage topics, current employer, biography and preferences. Sign up today and start building journalist relationships that fuel your startup's growth.
Get connected with journalists today
Luca Solca
Verified
Contributor, Business of Fashion (BOF)
Geneva
Beats
Technology
Content
By Luca Solca| Business of Fashion (BOF) Verified Andrea Casotti’s “La Celidora” warned in 1734 about the risks of flying too high, too fast: “Chi troppo in alto sal, cade sovente precipitevolissimevolmente” or “He who climbs too high, often falls precipitously.” Kering’s Gucci and LVMH’s Dior recently doubled their sales in less than five years: Gucci grew from €3.9 billion in 2015 to €8.3 billion in 2018, while Dior is estimated to have grown from €6.4 billion in 2019 to €11.9 billion in 2023. Now, the two brands are facing serious headwinds.
By Luca Solca| Business of Fashion (BOF) Verified Luxury brands would like shoppers to think they are purveyors of uniquely crafted masterpieces. They are not. While employing a number of powerful strategies to maintain the perception of exclusivity, major luxury companies sell millions of units each year. In a volume business, production costs matter: one euro more or less can have a material impact on profit.
By Luca Solca| Business of Fashion (BOF) Verified Andrea Casotti’s “La Celidora” warned in 1734 about the risks of flying too high, too fast: “Chi troppo in alto sal, cade sovente precipitevolissimevolmente” or “He who climbs too high, often falls precipitously.” Kering’s Gucci and LVMH’s Dior recently doubled their sales in less than five years: Gucci grew from €3.9 billion in 2015 to €8.3 billion in 2018, while Dior is estimated to have grown from €6.4 billion in 2019 to €11.9 billion in 2023. Now, the two brands are facing serious headwinds.
Company Info
Business of Fashion (BOF)
The Business of Fashion is a London-based media company founded in 2007. It specializes in providing comprehensive coverage of the global fashion and beauty industries, which are valued at $2.5 trillion. The company is known for its authoritative analysis and serves as a vital resource for professionals in these sectors. The Business of Fashion operates a digital platform that offers breaking news, trend reports, and market intelligence on luxury, sustainability, marketing, and beauty. It provides industry insights tailored for creatives, executives, and entrepreneurs, along with advisory services that deliver strategic advice and thought leadership for stakeholders. The company has raised a total of $2.1 million in funding, with notable investors including Index Ventures, Felix Capital, LVMH Luxury Ventures, and the Financial Times. Its mission is to open, inform, and connect the fashion and beauty industries worldwide.
Founded: 2007