Luca Solca
Solca is the third smallest town in Romania and stands out as being particularly notable due to the monastery constructed by Moldavian Prince Stefan Tomsa (Sts Peter and Paul’s Monastery, 1613-1623) as well as a beer factory that can be found here.
Exane BNP Paribas’ Luca Solca leads an outstanding research team, earning top billing in our All-Europe Research Team Survey this year.
Early Life and Education
Before joining Sanford C. Bernstein in 2009, Solca served as Executive Vice Chairman of a Milan listed medium sized fashion and luxury Italian group where he oversaw its restructuring and redevelopment. Solca holds degrees in applied psychology from University of Padua as well as MBA magna cum laude from SDA Bocconi Milan; in 2010 he debuted on their All-Europe Research Team before going on to rank first overall as analyst covering Retailing/General and Luxury Goods during 2011. When leaving Bernstein for Exane BNP Paribas in 2012 he rejoined their All-Europe Research Team again.
Professional Career
Solca previously held positions as both a consultant and partner at The Boston Consulting Group specializing in retail and consumer clients as well as an executive vice chairman of a publicly listed medium-sized fashion and luxury Italian conglomerate. He holds both an honorary degree from University of Padua as well as an MBA from SDA Bocconi Milan.
As part of our All-Europe Research Team in 2009, he led Sanford C. Bernstein’s second-ranked Retail/General Goods squad and Exane BNP Paribas’ top-ranked Luxury Goods squad respectively; two years later he rejoined Exane but now leads Bernstein’s top Luxury Goods crew instead. In 2012 he shifted back to Exane as captain before returning back to Bernstein this year as leader of their top Luxury Goods squad.
Solca has cemented himself into LVMH as son of its founder. As such, he is deeply embedded within its analyst ranks; evidenced by their firm being consistently ranked #1 by both Institutional Investor and Extel surveys. With an unusually rigorous approach focused on fundamental analysis and streetwise stock calls.
Achievement and Honors
Solca earned his MBA with honors at SDA Bocconi in Milan. He began his career at Sanford C. Bernstein where he earned recognition on both Retailing/General Goods and Luxury Goods sectors of Extel’s Institutional Investor survey for 2010 and 2011. Solca then transitioned to Credit Agricole Cheuvreux where he directed European research before transitioning to Exane BNP Paribas where he directs luxury goods coverage – rejoining All-Europe Research Team again this year while holding executive position at Milan listed medium-sized fashion and luxury Italian grouping company listed medium-sized fashion groupings; earned at Sanford C Bernstein; Bachelor’s degree from University of Padua
Personal Life
Luca Solca holds an MA in Applied Psychology and an MBA from SDA Bocconi. Prior to joining Sanford C. Bernstein, Luca served as executive vice chairman for a Milan listed medium-size fashion and luxury Italian group as well as partner at The Boston Consulting Group’s retail client practice.
One buy-side advocate praises him as having an “unique perspective that puts him ahead of the Street,” according to one buy-side supporter. Over the past six years he has led an all-Europe team to finish second in Retailing/General and first place in Luxury Goods each year since 2009.
Solca is one of the top-ranked luxury goods analysts according to surveys by Institutional Investor and Extel. He previously held positions at Credit Agricole Cheuvreux and Exane before rejoining Bernstein again in 2019 to monitor global luxury goods sectors.
Net Worth
Net worth is calculated as the difference between all your assets and liabilities, making a simple calculation your net worth. Understanding and tracking this number is one of the key steps towards setting and meeting financial goals; increasing assets or decreasing debt can have a dramatic effect on it.
Luca Solca, who previously spent six years at Exane covering European luxury goods and general retail, rejoined Bernstein in 2019 to cover global luxury goods as a senior analyst.
Louis Vuitton should take full advantage of the competitive e-commerce landscape between Yoox, Net-a-Porter and Farfetch; however, luxury’s penetration in online sales remains low since most consumers tend to purchase items they have seen in person first before going online shopping.
