Must Read: The Evolution of Hermès, A New Resource for Black-Owned Beauty and Wellness Brands


hermes storefront

These are the stories making headlines in fashion on Friday.

Tracking the evolution of Hermès
Hermès is undergoing something of a transformation as it navigates the current state of retail. “On the one hand, Hermès’ ultra-classic, stable positioning at the top of luxury’s pyramid has made it one of the sector’s largest and most resilient players, with sales bouncing back quickly from coronavirus lows as consumers flocked to its range of timeless, status-conveying items,” writes Robert Williams for Business of Fashion. “On the other hand… Hermès’ recent statements suggest a faster pace of change at the company, including adding new product categories and ramping up initiatives linked to sustainability, technology and omni-channel retail to meet the demands of the market.” {Business of Fashion}

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