The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The publication reached out to 64 fashion brands with more than $50 million in annual revenue or that had Instagram followings of more than one million, 15 major department stores and online sellers and fashion magazines to inquire about the representation of Black employees in executive-level positions and diversity and inclusion measures at the companies.
Only four of the 64 fashion brands attempted to answer each of the Times’ questions: Tory Burch, Coach, Kate Spade and Christian Siriano. Others, including Thom Browne, Burberry and Calvin Klein, answered at least half of the questions. Many European brands referred to legal hindrances to reporting diversity figures. The majority of the retailers either declined to respond or ignored the Times’ inquiry.
The Times’ report underscores much of fashion’s enduring unwillingness to be transparent about their diversity and inclusion efforts, despite making public commitments and launching marketing campaigns.
From the day-of dress code to British brands hopping on board, BoF breaks down all the sartorial details of the historic day
Attendees stayed on dress code — with some over-the-top interpretations — for the annual event, which paid homage to the late designer.
Join us for our next #BoFLIVE on Thursday, February 16 at 15:00 GMT / 10:00 EST, based on our latest case Study How to Build a Profitable DTC Brand. BoF’s deputy editor Brian Baskin along with DTC correspondent Malique Morris and chief marketing officer of UK-based beauty brand Trinny London, Shira Feuer explore blueprints for growing a profitable brand.
The 10 themes in The State of Fashion 2023, the authoritative annual report from The Business of Fashion and McKinsey & Company, highlight how businesses can deploy realistic yet bold strategies to drive growth, even amid challenging times.