The BoF Podcast: Age of Acceleration

Slower Growth at Hermès, Fashion Futurists, Luxury Price Hikes

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WHAT YOU NEED TO KNOW TODAY: SATURDAY, FEBRUARY 19, 2022 Sales growth at Hermès slowed in the last quarter of 2021, missing forecasts. Luxury brands have gotten used to raising prices with impunity. With inflation a bigger factor, consumers may be less tolerant going forward. BoF Professional analysis now unlocked for non-members: Fashion's NFT opportunity is different in China where tech giants are building separate infrastructure. Plus, this week on The BoF Podcast, futurists Martin Raymond and Christopher Sanderson discuss the coming changes that will define the next decade.

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TECHNOLOGY How 'The Age of Acceleration' Will Transform Business By BoF Team

At BoF VOICES 2021, futurists Martin Raymond and Christopher Sanderson examined the series of fast-paced changes that will dominate the wider world in the coming decade — and advised on how brands must adapt. READ MORE

LUXURY When It Comes to Luxury Price Hikes, the Party May Soon Be Over By Lauren Sherman and Brian Baskin

For years, luxury brands have been raising their prices, simply because they could. But as raw materials get more expensive, and real inflation continues to rise, sophisticated shoppers may begin to look elsewhere. READ MORE

LUXURY Hermès Sales Pinched By Production Constraints By Reuters

The French luxury company said growth had slowed last quarter, sending shares down by 7 percent while competing brands saw revenue accelerate. READ MORE

China's Parallel NFT Universe: A Guide for Fashion READ MORE

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