Armando Zuccali
Luxury Retail Analytics / Founder & CEO at Gag London Equity Capital Ltd - Head of Facilities, Europe, Middle East & Africa /Thought Leader fashion / luxury business, Strategic Luxury Advisor / Retail & Brand Positioning
| Platform |  | Pricing | Only free issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 108 | Founded | 10 months ago | Last Issue | 3 days ago |
| Active | |||||
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armandozuccali.substack.comLatest Issues
THE MARGINAL DOOR
VERDICT Cautious Bull on the brand, Neutral on the next 100 doors. Golden Goose has built one of the best direct-to-consumer models in European luxury: 81% of sales through its own channels, a 76% gross margin, double-digit like-for-like gr...
EQUITY & LUXURY RETAIL | RALPH LAUREN (NYSE: RL)
The thesis
On 23 October, Ralph Lauren will hand prime Tokyo space to the people who sell its old clothes. For most of luxury’s history the secondhand market was something a brand tolerated at best and litigated against at worst. PoloFe...
The Unfalsifiable Premium
Family-controlled groups run on a simple bargain: the family keeps control, and in exchange it carries the risk of the handover. When value sits in one person, the handover is the moment of maximum exposure. It is also the moment when advis...
The Aspiration Spread, Applied to Art: Where Desire Does Not Convert
The $6.8bn (all categories) and the $4.4bn implied art-only total measure different perimeters and are not interchangeable. Bracketed numbers refer to the sources at the end.
I came to this piece with a hypothesis I was fairly sure of. Con...
The Aspiration Spread
Two sets of numbers frame the Royal Pop story. On the first Sunday after the launch, a complete set of the eight watches fetched more than $25,000 on StockX, against roughly $3,300 at the counter. Chrono24 then recorded the average resale p...
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Luxury Retail Analytics / Founder & CEO at Gag London Equity Capital Ltd - Head of Facilities, Europe, Middle East & Africa /Thought Leader fashion / luxury business, Strategic Luxury Advisor / Retail & Brand Positioning
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