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white paper February 2025 Out Now: 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.
(Released on February 28, 2025)
white paper February 2025 FashionSIGHTS - Unveiled with Achim Berg
event March 2025 Svensk Handel's D-Congress
Dr. Achim Berg presents a keynote at Svensk Handel's D-Congress in Gothenburg, Sweden. The congress is a leading retail event in Northern Europe, bringing together over 3,000 innovators and decision-makers to shape the industry's future.
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.
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.
press October 2024 He Transformed the Red Carpet. Now What?
The New York Times by Vanessa FriedmanAchim comments on the challenges of relaunching heritage brands, particularly the high financial and time investment and the corporate structures required. Daniel Roseberry has transformed Schiaparelli into a celebrity favorite with bold designs that spark public debate. Despite limited retail presence and no mass marketing, high-profile clients like Kim Kardashian and Lady Gaga have kept the brand relevant in fashion's attention economy. Now, as Schiaparelli expands into ready-to-wear and accessories, Roseberry faces the challenge of making the brand commercially viable while maintaining its exclusivity, marking thebeginning of a crucial "Act II."
linkedin February 2025 The Two-Horse Race: How Fashion’s Richest Are Shaping the In...
The FashionSIGHTS team is thrilled to share our first #inSIGHTS #report, titled "Behind the Fortunes – How Fashion and Luxury are Creating Billionaires Galore."
press March 2025 D-Congress 2025: How AI Is Powering Fashion, Culture And E-C...
Forbes by Cassell FerereAchim is featured as a top voice with his keynote speech on fashion's paradigm shifts and the evolving e-commerce landscape.
Held in Sweden, home to innovative e-commerce companies, D-Congress brought together prominent industry thought leaders to explore the transformative power of AI in global fashion, culture and retail. In his keynote, Achim discussed fashion’s e-commerce transformation, highlighting how the landscape is consolidating and evolving around three core value-driven archetypes. He also identified ten key paradigm shifts that are revolutionizing the fashion industry, from AI streamlining back-end operations to ESG initiatives becoming non-negotiable for brands.
press March 2025 Paradigm shifts: Dr. Achim Berg on D-Congress Talks
Achim's keynote on fashion's paradigm shifts, presented live at D-Congress, is now available as a podcast episode.
After a decade of massive growth, peaking during Covid, e-commerce now faces a reality check. Achim dives into the drivers behind the past decade's e-commerce boom and gloom and explains why the focus has now shifted from aggressive growth to profitability. This shift is leading to a market restructuring and consolidation, with a future focus on three key archetypes that define the landscape.