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white paper February 2025 Coming soon: HindSIGHT report No 1
Over the past 25 years, the fashion and luxury industry has created significant value, reflected in the massive personal wealth amassed by its super-winners. Using Forbes data as a proxy, the industry now ranks as the third-largest wealth creator, behind technology and finance. Yet, much like the rapidly evolving fashion landscape, the list of billionaires and their net worth is also undergoing a dynamic redistribution. Examining the patterns of wealth creation within the fashion and luxury industry offers inSIGHTS not only into this industry’s evolution over time and its current state, but also into where it may be headed next.
(To be released on February 27)
linkedin Interview #10 - James Fallon; Chief Content Officer, WWD
The CELEBRATIZATION of #Fashion and Why the US is a Graveyard for European Brands ... … was at the heart of my recent conversation with James Fallon Editorial Director of WWD and Chief Content Officer of Fairchild Media Group, in his office on 5th Avenue. James is a legend in the fashion media industry, with an impressive 45-year career at Fairchild Media. He oversees editorial content across iconic brands like WWD Beauty Inc, Sourcing Journal, Footwear News, and Fairchild Live Media. Having spent 20 years as Fairchild’s London bureau chief before relocating to New York in 2001, James has developed a deep understanding of both the European and U.S. markets, making his perspective on their intersections and contrasts invaluable.
press December 2024 Luxury and Fast Fashions Are Creating Billionaires Galore
WWD by Miles SochaAchim talks to WWD about our research on the fashion and luxury industry’s wealth creation.
Fashion and luxury billionaires, led by LVMH’s Bernard Arnault and Inditex’s Amancio Ortega, have solidified their wealth despite global crises and a pandemic, with fashion and luxury ranking as the third-largest wealth-creatingindustry after technology and finance. The analysis highlights the polarizationin the industry, where luxury and value players dominate, while the mid-market struggles. It also showcases a dominance of European-based billionaires that account for 81% of the sector’s net worth. Looking forward, business model innovations, such as Inditex’s agility and Shein’s direct-to-consumer approach,coupled with the growing middle-class worldwide, suggest a resilient and prosperous future for fashion and luxury.
linkedin Interview #9 - Jörgen Andersson; Global Creativ Director, H&...
Why Fashion Needs to Move from “Albums to Playlists” ... … was just one of the many fascinating topics I discussed with Jörgen Andersson , Global Creative Director at H&M during my recent visit to Stockholm. Jörgen is a true industry veteran who began his career as a business controller at H&M in 1990. Over two decades, he held key roles in product, marketing, and brand development. In 2010, he joined Esprit as Director of Brand and New Business, later becoming Global Co-Chief Marketing Officer at UNIQLO and Fast Retailing in London. For the last decade, he’s been active in Stockholm’s fashion and beauty start-up scene and contributed his expertise to boards like , Filippa K and the H&M Foundation.
event January 2025 Barcelona Fashion Summit 2025
Achim Berg holds the opening keynote at the Barcelona Fashion Summit 2025, Spain’s largest fashion business event. Under the theme "Revolution: Breaking Fashion Paradigms", it will gather industry leaders to discuss transformative trends shaping fashion's future.
linkedin Interview #8 - Helena Helmersson; Chairperson Circulose
Why #Sustainability is the Next Wave of #Disruption in the #Fashion Industry During my recent visit to Stockholm, I had the pleasure of sitting down with Helena Helmersson for a thought-provoking conversation on the future of sustainability in fashion. Helena’s new role as Chairperson of Circulose, a leading Nordic recycling innovator, made this a natural focal point for our discussion.
linkedin Interview #1 - Vanessa Friedman; Fashion Director & Chief Fa...
Why Luxury Goods Companies Should Take Back Their Products and the Addiction to Consumption These were just a few of the topics I discussed recently with Vanessa Friedman Fashion Director and Chief Fashion Critic at The New York Times. Vanessa and I first met 15 years ago when she was the inaugural Fashion Editor at The Financial Times. It was then that we began the partnership between McKinsey & Company and the FT’s Business of Luxury Summit Series. I fondly remember events like the one in Marrakech, where I had the privilege of moderating a panel with Moncler‘s Remo Ruffini.
linkedin Interview #3 - Colin Browne; CEO, Cascale
How #Apparel #Sourcing Has Changed — and Why #Sustainability Is an #Operational #Imperative These were the core themes of my recent conversation with Colin Browne CEO of Cascale (formerly the Sustainable Apparel Coalition or SAC). Colin is a true industry veteran, starting his career as a buying and sourcing manager in Asia in the late ‘80s. I first met him about ten years ago in Hong Kong during his tenure as VP and Managing Director of Asia Sourcing at VF Corporation Corporation , where he was a key architect of supply chain strategy in the apparel industry.
linkedin Interview #2 - Max Bittner; CEO, Vestiaire Collective
#Luxury E-commerce’s Perfect Storm and the Future of #Resale These were the key themes of my recent conversation with Maximilian Bittner during our meeting in hashtag#NewYorkCity. Max began his career at McKinsey & Company before founding and leading Lazada Group in Singapore. In 2019, he joined Vestiaire Collective as an investor, CEO, and Chairman, recognizing a massive scalability opportunity in the luxury resale market.
press October 2024 “Size is not in itself a guarantee for success”
at Modaes.com by Pilar RiañoIn an interview with Pilar Riaño from Modaes, Achim delves into the future of the fashion industry.
He explains how SHEIN is disrupting fashion, similar to Inditex in the past, shaking up established business models. He also highlights the urgent need for regulators to step up, enforce sustainability standards and create a framework that holds fast fashion players accountable. He goes on to emphasize the importance of technological advances to make circularity a viable reality for the industry. Further, Achim addresses the growing polarization within the sector, where size increasingly matters and small brands are struggling to compete. Amidst this, he asserts that novelty and creativity remain crucial, ensuring cultural relevance and connecting brands with evolving consumer desires.
press October 2024 Giorgio Armani- L’uomo, il marchio, l’azienda
Book by Frank Pagano and Marco DiDio RoccazzellaAchim pays tribute to Giorgio Armani in the afterword of the book "Giorgio Armani - L'uomo, ilmarchio, l'azienda" by Frank Pagano and Marco Di Dio Roccazzella, published by Il Sole 24 Ore in October 2024.
Achim honors Armani’s keen ability to consistently deliver distinctiveness and timelessness—kept at the core of everything he did—over five decades in business. Armani parlayed his signature aesthetic and his distinctive vision for lifestyle into a thriving brand, growing it into a multi-billion, multi-gender, multi-category global fashion group. All while maintaining the company's independence and full ownership in an industry that is characterized by intense consolidation.