LVMH is increasing the number of women in leadership positions

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Business of Fashion (BOF) reports that:

“In October 2014, just 4.6 percent of Fortune 500 companies had female CEOs, while only 19 percent of board members at these companies were women.

In fashion, more women rise to leadership positions — but not by much. Across 50 major fashion brands studied by BoF, only seven (or 14 percent) are run by women, and about 25 percent of board members of publicly-traded fashion and luxury companies are women. In a sector in which 85 percent of the customer base is composed of women, this seems disproportionately low.”

But LVMH is doing something about these statistics. Read more here.

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