As Middle East conflict continues, luxury faces mounting pressure

On this week’s episode of the Glossy Podcast, senior fashion reporter Danny Parisi and international reporter Zofia Zwieglinska are joined by Achim Berg, founder of the fashion and luxury think tank FashionSights and former senior partner at McKinsey, to unpack how escalating conflict in the Middle East is impacting the global fashion and luxury industry. The conversation comes at a moment of heightened geopolitical instability. Roughly a month into a rapidly evolving regional conflict, brands are navigating disrupted tourism, declining retail foot traffic and rising macroeconomic pressure tied to energy costs and supply chains. Meanwhile, the luxury sector was already facing a broader slowdown.