gender gap news and archive

Fast Retailing teams up with UN Women to empower female workers across supply chain

Fast Retailing Co., the parent company of Japanese casual brand Uniqlo, has signed a global partnership with UN Women to promote women’s rights and empowerment in the apparel industry. The two-year joint project will focus on three areas: promoting women’s career progression by providing leadership training to mid-career female workers;...

Business

Tech giants vow to double number of women managers by 2022

Forty-five tech giants committed Wednesday to doubling the number of women on their management boards to 30 percent by 2022, the French presidency said. Alibaba, BNP Paribas, Booking.com, IBM, L'Oreal and Uber were some of the high-profile companies to sign a pledge at the second "Tech for good" summit taking place in Paris. Businesses that...

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Business

Why is it so hard for women to become CEOs in fashion companies?

Almost 80 percent of students at the world’s leading fashion schools are women. At apparel stores, nearly 75 percent of the workforce is female and they’re usually serving female customers, as women make about 80 percent of fashion-related purchasing decisions. Yet, only 12.5 percent of the apparel companies on the Fortune 1000 list are led by...

Business

Former female employees sue Nike for sex discrimination

Nike Inc. has been sued for sexual discrimination by former female employees who said that women were "devalued and demeaned" at the company, passed over for promotions, paid less than their male counterparts, and ignored when they complain. The news was first reported by Bloomberg. The lawsuit, filed in federal court in Portland, Oregon, seeks...

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Business

H&M best fashion employer for US women, according to Forbes’ new list

Forbes, the American magazine best known for its annual list of the world’s billionaires, decided to start a new annual ranking in the wake of the #MeToo movement. The publication partnered up with market research company Statista to list the 300 best employers for women in the United States. H&M is the best-ranked apparel company on the list,...

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Fashion

Women far less likely to be promoted in the fashion industry, according to study

Even though women spend more than triple the amount of money that men do on clothing and form the vast majority of workers in the US fashion industry, they are far less likely to occupy top management positions, according to a new survey of 535 male and female fashion professionals. The study was conducted by Glamour magazine, McKinsey & Company...